Macedonia

Growth of Macedonian banks' loan portfolios accelerates further in June

bne IntelliNews July 21, 2017

The total value of non-government loans went up by 4.4% y/y to €4.6bn at end June, accelerating from 1.5% growth in May.

Early data indicates strong tourist summer ahead for Southeast Europe

bne IntelliNews July 18, 2017

Tourist arrivals were up across the board in Southeast Europe in May, hinting at a repeat of last year's strong performance.

Macedonia and Bulgaria agree on "friendship treaty" as Skopje seeks to mend relations

Valentina Dimitrievska in Skopje July 14, 2017

Macedonia's new PM Zoran Zaev is working to reset relations with neighbouring states in the hopes of unblocking the country's EU path.

Euroscepticism grows in richer Western Balkans countries

Clare Nuttall in Bucharest July 14, 2017

Just 40% of Serbians believe their country will benefit from EU accession, compared to 84% of Kosovans and 80% of Albanians.

Growth potential of CEE and SEE halved in crisis decade, says IMF official

bne IntelliNews July 13, 2017

Fund’s Europe head warns rapid outflows of skilled workers, ageing workforce and political turmoil are adding to dilemma.

Six Western Balkans leaders endorse plan on regional economic area

Valentina Dimitrievska in Skopje, Clare Nuttall in Bucharest July 13, 2017

Plan envisages greater trade integration and mobility across the region, but falls short of the customs union discussed by regional leaders in March.

Sharp population declines reported in Baltic states, Southeast Europe

Akin Nazli in Belgrade July 12, 2017

Lithuania leads the population decline in the Baltic states and Southeast Europe, as overall EU population makes modest increase.

Macedonia’s gross international reserves up 8.4% y/y at end-June

bne IntelliNews July 8, 2017

The country's gross international reserves totalled €2.61bn at end-2016, increasing from €2.26bn at end-2015

Macedonia to undertake thorough reforms as it aims for EU, Nato membership

Valentina Dimitrievska in Skopje July 5, 2017

PM Zoran Zaev outlines plans to reform judiciary, step up the fight against organised crime and corruption and overhaul the public administration, as Skopje aims to unblock EU accession process.

Macedonian prosecutors seek arrest of ex-PM Gruevski

Valentina Dimitrievska in Skopje June 30, 2017

Gruevski, whose VMRO-DPMNE party recently went into opposition after a decade in power, is under investigation in three corruption cases.

Investors light up Macedonia's medical cannabis industry

Valentina Dimitrievska in Skopje June 29, 2017

Macedonia is poised to become a major exporter after the parliament voted last year to legalise medical cannabis products.

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