23 January 2016
Macedonian banks last year approved loans amounting up to 400 million euros, according to the latest data from the National Bank. According to information from December, the credit was largely directed to the corporate sector, and a smaller amount to the household sector. Following measures taken by the National Bank, this year banks will tighten […]
1 December 2015
The Governor of the National Bank, Dimitar Bogov appealed to political parties not to interfere with the banks in their political battles. “Political pressures on banks is just unacceptable and incompatible with market economy. Considering that most of the banks are foreign-owned, political pressure on banks could have disastrous consequences on their perception of the […]
1 December 2015
From November the 11th, the current composition of staff at the State Election Commission (SEC), have been working despite the fact that their mandate has expired, made a scandalous decision for their own political interest on the account of the citizens ,said the leader of the opposition SDSM, Zoran Zaev accusingly at a press conference. […]
20 July 2015
Banks in Greece are open today for the first time in three weeks, but limits to cash withdrawals remain. People can now take out 420 euro once per week, instead of the 60 euro limit per day. Today comes into force the VAT rate hike from 13 to 23 per cent. German chain of markets […]
7 July 2015
Greece received green light from the European Central Bank for the extension of emergency assistance for liquidity, but at a higher price. ECB decided to continue the program in the same framework, but cut collateral guarantees, which are used for bank liquidity. According to analysts, this means that the limit of funds that banks may […]
28 June 2015
European Central Bank (ECB) today announced that it will continue with the current financial aid to Greek banks through the mechanism of emergency which is in force since February this year. “Given the current circumstances, the Management Board of the European Central Bank decided to proceed with immediate liquidity of Greek banks,” the statement reads, […]
