Economy
104 articles
Economy
G7 Releases 100 Million Barrels of Oil and Diesel Over Four Months, Trump Drops the Export Ban: Will Diesel Get Cheaper?
The October 2 agreement, coordinated through the IEA, front-loads diesel within the first 20 days; diesel prices in the US and Europe recently hit rec…
Economy
Inflation of 2.7% Here Versus 3.8% in the Eurozone: Food Is Only 1% Dearer, but Leisure and Recreation 8.8%
Annual inflation in Macedonia in September is 2.7%; in August recreation and culture jumped most (8.8%) while food rose just 1%; the eurozone is at 3.…
Economy
Banks Lure Savers Again: 3.60% on Denars, 2.30% on Euros — but Is a 2.30% Rate Real Profit?
From October 1, Komercijalna Banka raised its rates: up to 3.60% for denar time deposits at 40 months and 2.30% for euros; with 2.5% inflation the rea…
Economy
Macedonia Grew 4.3% in the Second Quarter — Construction at 21.9% Drives the Growth, and Imports Are Rising Faster Than Exports
GDP in the second quarter of 2026 grew 4.3 percent year on year (3.1 in the first), investment jumped 16.5 percent, while agriculture and public admin…
Economy
From Exporting Raw Materials to Domestic Industry? The Government Adopts a Strategy for Macedonia’s Minerals to 2046
The Ministry of Energy, Mining and Mineral Resources announced the adoption of a strategy for geological research and sustainable use of minerals for …
Economy
District Heating Gets Pricier: About 1,700 Denars More a Year for a 60 Square Meter Flat, and the Heating Season in Skopje Starts on October 15
According to a calculation by the energy regulator for a model flat, heating this season costs about 29,916 denars a year versus 28,233 last year; the…
Economy
“First the Purchase, Then the Song”: Tikvesh Growers Ask Whether Their Grapes Will Be Bought and at What Price
While the Tikvesh Grape Harvest festival took place in Kavadarci, some growers had no contracts for Vranec and Kratoshija, and the state promised help…
Economy
The State Will Spend 46 Billion Denars More Than It Collects: What the New Budget Revision Says
The government adopted the proposal to amend the 2026 budget: revenues of 374.2 and expenditures of 420.5 billion denars, while the deficit, according…
Economy
Are Prices Really 25 Percent Lower? Checking Mickoski’s Comparison With Europe
Racin.mk’s critique says the prime minister confused the inflation rate with the price level; statistics show inflation of 2.7 percent in September, b…
Economy
Diesel Stays at 10% VAT Until October 20: What the “Discount” Costs and What Happens on the 21st
The government extended the 10 instead of 18 percent VAT on diesel until October 20; the cost to the budget has not been published, and an illustrativ…
Economy
The ECB Raised Rates and Oil Won’t Budge: What Comes Next for Your Loan
The European Central Bank raised rates by 25 basis points in September, the deposit rate is 2.50 percent, and the next decision is on October 29 — whi…
Economy
Diesel VAT Until October 12: What Happens If It Returns to 18 Percent
The reduced 10 percent VAT rate on diesel applies until October 12; if the government does not adopt a new decision, the rate returns to 18 percent, a…
Economy
3.3 Million Passengers in Nine Months: Where the New Skopje and Ohrid Routes Actually Go
Skopje and Ohrid airports served 3,331,685 passengers in the first nine months of 2026, 29 percent more than a year earlier, and the new routes lead m…
Economy
The €600 Minimum Wage: The Number Versus Purchasing Power, a Vote Versus a Statement
The opposition's proposal to raise the minimum wage from 26,046 to 36,960 denars is back on Parliament's agenda, while Prime Minister Mickoski has sai…
Economy
Two Years Apart on One Pipeline: Which Deadline Is Real for the Skopje-Vranje Gas Link, 2027 or 2028
The gas pipeline from Skopje to Vranje is being built with a deadline at the end of 2028 and a budget of €29.4 million, but some announcements mention…
Economy
Growth on Paper, a Hole in the Till: What the 3.2% Forecast Means If the Rebalance Cuts Excise and VAT
The World Bank raised its growth forecast for Macedonia to 3.2% this year, but at the same time the government is preparing a second budget rebalance …
Economy
'Cheapest Fuel in the Balkans'? Fact Check: Fourth Place When Measured Against Wages
While official sources cite a BBC analysis showing the cheapest fuel in the region, another calculation — how many tanks one salary fills — puts Maced…
Economy
The Grape Harvest Is In, But Over €100 Million in Old Subsidy Debt Still Waits
Minister Serafimovski said the grape harvest purchase is nearly complete and funds for wineries, rice processors and apple producers are being secured…
Economy
Green Diesel on a Card: Distribution Starts This Week, Support Increased
Minister Serafimovski announced that green diesel cards for farmers begin distribution this week, with increased support — but the question of exactly…
Economy
The Middle-Income Trap: Macedonia at 43% of the EU Standard, Only Bosnia Is Behind
According to central bank data, Macedonia has one of the lowest levels of GDP per capita in the region — only Bosnia and Herzegovina ranks below it, a…
