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Tags Debt

Tag: debt

Bosnjakovski: The national debt clock at the Triumphal Gate was paid for, personally by Zaev

The national debt clock, which was installed at the Triumphal Gate last night, was paid for, personally by Prime Minister Zoran Zaev, and will be in operation soon, said government spokesman Mile Bosnjakovski at a scheduled press conference. He went on to say that all the correct procedures were followed when setting up the numeral debt clock, and Zaev, as...

Historical-Baroque documentaries “cost” the MRT budget 1.8m euros

The documentary shows and series with historical content produced in co-production with independent production houses in the period between 2013 - 2015 amounted to a total of 1.8 million euros, shows BIRN's research into co-production contracts concluded in 2013, 2014 and 2015. The recorded contents are an audiovisual reflection of the architectural "Skopje 2014" project, ie an attempt through the...

The latest from the EBU on “Eurovision 2018”: Macedonia is ‘out’, but it is working on getting ‘in’

After last week's announcement that due to debts, Macedonia will not be allowed to participate in the selection of the "Eurovision 2018" song contest from the EBU (European Broadcasting Union) said the EBU for "ESC Today". They said that they hope to find a joint solution with MRT. “Of course we hope that a solution can be found for MRT...

MRT’s debt makes media reforms more difficult, the government have not yet discussed the issue

The government is aware of the situation Macedonian Radio-Television has with debt, but until now there has been no discussion regarding this problem, said Government spokesman Mile Bosnjakovski today. He added that the debt additionally is complicating the media reform. “We are aware of the situation. Media reform is underway according to Priebe's recommendations. The debt itself is something that additionally...

AJM: The government should urgently settle MRT’s debt so we are not cut off from the EBU

The Association of Journalists of Macedonia (AJM) called on the Government to urgently, as soon as possible, provide money to settle the debt of the Macedonian "Radio-Television" (MRT) has towards the European Broadcasting Union (EBU), which is approximately half a million euros. Yesterday, at the session of the MRT Program Council, they came to the conclusion to ask the Government to...

Hodza: The national debt towards private companies is approximately 1 billion euros

The new government should revise how much the state owes and which institutions have debts in order to think whether we should enter into negotiations for cooperation with those institutions, said Nebi Hodza, the president of the Chamber of Commerce of North-West Macedonia on a weekly interview on Radio Free Europe. He said that the government’s debt or the state’s debt...

The State owes companies one billion euros, says Zaev

It is estimated that state institutions on a local and central level, owe companies one billion euros. This was stated by SDSM leader, Zoran Zaev at a meeting with representatives of the Chamber of Commerce of Macedonia (SKSZM). He added that there are many hidden debts that the public does not know about, and promised that if SDSM comes to...

World Bank Predicts Economic Growth For Macedonia of Only 2%, Lowest in the Region

Economic growth in Macedonia is expected to slow down and reach only 2% in 2016 due to the decline in investments, according to the latest Economic Report of the World Bank for Southeast Europe, which was presented in Skopje today. “For the first time in six years, investments have had a negative contribution to the economic growth, as opposed to...

SDSM: The Proposal of the Re-Balance on the Budget will be Deadly for Macedonia

The sole purpose of the new re-balance of the budget is to create conditions and the atmosphere for new borrowing through the Eurobond, and the new Minister of Finance, Kiril Minoski, should know that he bears the responsibility directly by placing his signature on new large debt of the citizens, reads the reaction from the SDSM’s statement on the...

Zaev will put up a dial which will count stolen money returned to the state, like the dial on Times Square

The leader of the opposition Zoran Zaev yesterday, answering a question on the show "Nova Debata" on "Nova TV" on whether there is a plan to locate and recover all public money, he said that when he came to power, SDSM would build a monument which will show how much of the public's money has been returned to the...

Will SYRIZA split up following the new Memorandum’s vote?

The Greek government is on yet another crossroads. The casting of votes for the new package of measures will show how much support the Government lead by SYRIZA and Prime Minister Tsipras can enjoy from the party’s own rank. The leftist party has inched even closer to dissolution following yesterday’s appeal by former energy minister Panagiotis Lafazanis, who called...

The Government takes a 4.4 million euro loan

With the auction of one Treasury bill and two government bonds, the Government of Macedonia received a 4.4 million euro loan. Portion of the money is due in a year’s time and the remainder by 2025 and 2030. According to data from the Finance Ministry, the public debt of Macedonia is 3.92 billion euro, which is 43.7 percent of GDP.

New analysis: Macedonia is a highly indebted country

The new analysis of British organization Jubilee Debt Campaign (Jubilee Debt Campaign) shows that Macedonia ranks among the countries with high indebtedness. According to the report, these highly indebted countries are in a dangerous area because of the debt. That would mean that, during an economic downturn or unexpected jump in interest rates, in the long run, economic disaster might...

Twist in Greece: Tsipras accepts European proposals with minor modifications and suggestions

It appears that Greece is changing its tune and accepts all proposals of the agreement proposed by European partners. The Greek government sent a new letter to the European institutions and the head of the IMF Christine Lagarde, in which it openly accepts all conditions and reforms that creditors proposed last weekend. The information was released by journalist of...

Money for panoramic wheel could save 516 Tamaras

Panoramic wheel that will be placed on the bridge of the river Vardar will cost 956 million denars, or nearly 15.55 million euros. This amount of 15.5 million euros is half the money that the Government borrowed two days in worth of 33 million euros and it could save 516 Tamaras and pay reparations to 95.6 floods as floods...

Government spent 36,500 euros on fitness equipment

Office of General and Common Affairs of the Government today signed an agreement for the purchase of fitness equipment with company "Sonics". In the contract, which is announced on electronic procurement system, writes that two fitness bikes with backrest, three static bikes, four pieces of equipment for lifting weights and weighs about five rod are procured. For the purchase of this...

Debt to IMF prematurely settled

Republic of Macedonia prematurely settled the debt for precautionary credit line in the amount of 312 million US dollars to the IMF, thus saving five million euros, informed Deputy Prime Minister and Finance Minister Zoran Stavreski. With yesterday’s transaction in Washington in the amount of 174 million dollars, the entire debt of the credit line is paid and it...

MFA: We settled the debt towards the UN

According to the Ministry of Foreign Affairs, the information that Macedonia’s right to vote at the General Assembly of the world organization was revoked due to unpaid membership fee is not correct. MFA informs that the debt has been settled, and it will soon be registered in the UN. - We had a deadline of two weeks to pay. In terms...

MFA held a session due to the debt of Macedonia towards the UN

The Ministry of Foreign Affairs currently holds a meeting for the newly developed situation with the debt towards the United Nations. Namely, our country’s right to vote at the General Assembly of the United Nations is revoked because of a debt amounting to 24,606 US dollars, reads the letter which was sent on 12th of January by...