After the postponement of the sale of the Eurobond worth 650 million euros, it has been put back on the world stock exchange for a second time, according to “Reuters“.
Five days ago, Macedonia delayed the issuance of the seven-year Eurobond after a member of the opposition, the SDSM party, wrote a letter to the banks guarantors questioning the legality of the procedure.
The letter stated that the country does not have an adequate legal mechanism for issuing a Eurobond, and it might be a violation of certain laws and regulations in Macedonia.
The opposition welcomed the delay but warned of the danger of “financial crime” or resale fo the Eurobond remains.