The GDP per capita in Macedonia in 2008 corresponded to 33% of the average for the EU, data from Eurostat showed. In previous years, the 2007 GDP was 31% lower and in 2006 by 29% lower than that of the EU average. On a regional scale, Bosnia and Herzegovina performed poorer with 31% and Albania with 26%. The countries with higher percentage in the region are Montenegro (43%), Bulgaria (41%) and Serbia (36%).
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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