Macedonian information society and administration minister Ivo Ivanovski said that there will be no layoffs of state administration employees despite the negative economic growth performance in the first half of this year, a press release on the cabinets website informs. The countrys GDP dropped by a real 0.9% y/y in Q2 after decreasing by a revised 1.3% y/y in Q1, according to data of the statistics office. Annual real GDP growth has thus been negative for two consecutive quarters now. |
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