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Minimal wages for officials during the coronavirus crisis, but not for the public administration

In the second set of economic measures that the government has adopted during today's session, it was decided that all sportsmen, artists and all appointed officials on a state and local levels, from presents to directors, to receive minimal wages in the amount of...

Banking institutions have reached an agreement for deferred payment for all loans for citizens and companies

Because of the state of emergency with the coronavirus, the banking institutions have decided to be understanding and forthcoming for citizens and companies that have debts in banks and savings banks. They shall be given an opportunity for deferred payments and the banks and...

The Bahamas and the Bermudas are again among Macedonia’s biggest foreign investors

The exotic Caribbean islands are on the list of five biggest foreign investor in Macedonia during last year shows the data provided by the National Bank. The top ranked country is Turkey which last year invested 52.4 million euros and the second ranked are the...

Macedonia and Albania have used the best the funds from European funds for cross-border cooperation

The result of the Program for a Cross-Border Cooperation between Macedonia and Albania 2014-2020 are 9 finished projects and 5 new that will start in 2020. These are part of the pre-accession help i.e. IPA funds. "The cross-border area between Macedonia and Albania has...

IMF criticized the Macedonian government in its report: The increase of the minimal wage is not a well-targeted measure

In its latest report about Macedonia, the International Monetary Fund warned of risks and unwanted effects after the Macedonian government decided to increase the minimal wage in order to improve the living standard of workers with lower wages. „The net minimum wage has been...

One in five apartments in Skopje is under mortgage

Skopje i Vodno sonce sonchevo
As with September, a total number of 132.527 apartments were put under mortgage which is 12.2% of the total number of 1.084.534 registered apartments in our country, show the data taken from The Registry of Prices and Real Property. On top of...

Euromax Resources announced an international arbitrage concerning the Ilovica mines

Concerning the Government's unilateral termination of the Agreement for a mining concession at Ilovica, Euromax Resources see this as a political decision which is contrary to government's official announcements that were published in several past few days and they are waiting for the Administrative...

The Macedonian cities of Tetovo and Gostivar will be connected to gas networks next year

The building of the gas pipeline network is underway and is expected all magisterial gas pipelines to be completed during 2020 stressed the Minister of Transport and Communications Goran Sugareski and the Minister of Economy Kreshnik Bekteshi during today's visit at a location where...

The President of an International expert group for trademarks Gjorgji Filipov states that the country’s name gives advantage in the trademarks negotiations

Regarding the trade marks, with the name "Macedonia" and other variants that have come out of it, we have the advantage by being the only country in the world that has the word "Macedonia" in its name, but still regarding trade marks and titles,...

The Macedonian Vice Prime Minister states that the building of the interconnector towards Greece is important because of the good offer for gas

The Vice Prime Minister of Economic Affairs Kocho Angjushev who took part in the Summit in Thessaloniki said that it is important for us to build the interconnector towards Greece so we can connect to TAP's gas pipeline and LNG's terminals that are located...

Zaev meets with the Russian delegation: There is a potential for the development of the economic cooperation

Prime Minister Zoran Zaev received a delegation of the participants at the business forum consisting of representatives of the business community of Macedonia and the Russian Federation including members of the Intergovernmental Commission for trading-economic and science- technical cooperation between both countries, that will...

Azeski: How long are we going to be having a Przino government before the elections?

In the interest of the predictability of the business climate that the companies seek in order to function normally, the President of the Economic Chamber, Branko Azeski asked the question, how long are we going to be implementing the enactments from the Przino agreement...

Zaev: The gas pipeline from Skopje, Tetovo to Gostivar will be over during 2020

The building of the gas pipeline from Skopje, to Tetovo and Gostivar, in length of 76 km is underway and will be completely over in 2020, informed Prime Minister Zoran Zaev after the 165 government session was over. "With this project worth 29 million...

Arsovska: It is unclear how we are going to manage to achieve growth of 3.8% when we are entering election year

The President of the Union of Commercial Chamber, Danela Arsovska reacted today about the planned economic growth in the next year's budget, the allocation of the assets and the fact that too little funds were allocated for the economy. "In a situation of continuous...

The draft annual budget for 2020 is 3.9 billion euros and a large part of it will be used for paying off salaries and pensions

The draft budget for the year 2020 is 3.9 billion euros, informed today the Minister of Finance, Nina Angelovska during the press conference with Prime Minister Zoran Zaev at the Government. Most of the assets, as she stressed, will be invested in human capital...

Zaev will have an understanding if Angjushev chooses to withdraw and devote himself to his companies

Prime Minister Zoran Zaev will have an understanding if the Vice Prime Minister for Economic Affairs, Kocho ANgjushev withdraws from politics. According to Zaev, he is an owner of large companies that employ over 1000 people and I will understand if he wants to...

Turkish people are ranked on the top of the list with the highest number of immigrants and foreign tourists in the country

The citizens of Turkey are on the top of the lists of countries ranked by the number of foreign immigrants and the number of foreign tourists in this country, show the latest data provided by the State Statistics Office. Out of вкупно 2.557 foreign...

Each 36 hours there is a new employment in the local self-government

As of September this year, there were 192 employments in the country's self-government, indicate the data in the Administration Agency. Taken into account that 300 days of this year have passed, the calculations show that in the local self-government there was one employment per...

Negotiations with Greece about the building of the interconnective gas pipeline are about to commence

The negotiations between Macedonia and Greece regarding the building of the interconnective gas pipeline are expected to start very soon. During its yesterday's session, the Government adopted the proposal for starting a procedure for leading negotiations for concluding an agreement between both countries and...

Zaev: If we aren’t granted a starting date for the negotiations Europe will be punishing the best example in Europe

If the European Council doesn't decide positively and does not approve a starting date with North Macedonia it will punish the best example among the states in the region, said Prime Minister Zaev during the discussion at the Western Balkans Summit. Previously in his address...