The government announced that it borrowed EUR 23mn from the Council of Europe Development Bank for upgrade of the state-owned hospitals. The 20-year loan has a five-year grace period and carries a floating interest. The CoE loan will cover the financing of the first phase of the hospitals modernisation project. The second and third phases are estimated to cost EUR 130-150mn and the European institution expressed willingness in participating in them, as well. |
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Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more
The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more
Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more