North Macedonia

M&A hits €8.5bn in CEE in Q1, says Mergermarket

bne IntelliNews April 16, 2021

Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.

wiiw raises 2021 CEE growth forecast to 3.8%

Robert Anderson in Prague April 16, 2021

But pandemic has delayed restart of convergence with Western Europe until 2023.

Slovenian PM denies Bosnian media reports on ‘non-paper’ about dividing Bosnia

Valentina Dimitrievska in Skopje April 14, 2021

Populist premier, who will take over EU rotating presidency in July, is accused of proposing "final disintegration of former Yugoslavia".

COVID cabin fever creates a middle class Balkan jetset

Valentina Dimitrievska in Skopje April 9, 2021

With most of Europe under lockdown, holidaymakers from the Western Balkans are jetting off to exotic long haul destinations.

CEE reels as third wave of COVID-19 breaks

bne IntelliNews April 3, 2021

A third wave of the coronavirus pandemic is sweeping through Emerging Europe. While Russia is expecting to reach herd immunity in the next two months, most other countries of the region have only just started their mass immunisation programmes.

Vaccination campaigns launched across Western Balkans

bne IntelliNews March 30, 2021

After months of delays, all of the Western Balkans countries have embarked on the vaccination of their populations against coronavirus.

Conservative German MP who lobbied for North Macedonia’s fugitive ex-PM resigns

Valentina Dimitrievska in Skopje March 21, 2021

Tobias Zech stepped down following media reports that he took cash for lobbying for North Macedonia’s former prime minister Nikola Gruevski in 2016.

E-commerce rising stars of the Western Balkans

Valentina Dimitrievska in Skopje, Clare Nuttall in Glasgow March 21, 2021

Despite numerous challenges, there are a growing number of successful e-commerce platforms in the Western Balkans region.

MITTELEUROPEAN INSIGHTS: Central and Southeastern Europe head for a V-shaped recovery

Gunter Deuber and Nicolae Covrig of Raiffeisen Research in Vienna and Bucharest March 19, 2021

The moderate GDP setbacks in 2020 imply that for some CEE countries there will not be such drastic recovery and rebound effects in 2021 as in hard-hit countries in Western Europe.

Bulgaria the latest to announce lockdown as new COVID-19 wave descends on Southeast Europe

bne IntelliNews March 18, 2021

Over 4,000 COVID-19 cases daily are being reported in Bulgaria, Romania and Serbia, putting hospitals under strain.

Rising inflation in Emerging Europe poses dilemma for central banks

bne IntelliNews March 17, 2021

With economies primed to rebound as pandemic restrictions are loosened, consumer prices could rise even further, reawakening an issue that has long been ignored.

Free economic zones accounted for 48% of North Macedonia's exports in February

bne IntelliNews March 17, 2021

North Macedonia has 14 free zones where companies employ over 14,000 people.

North Macedonia edits video for Eurovision entry after controversy over Bulgarian flag image

Valentina Dimitrievska in Skopje March 15, 2021

Vasil Garvanliev’s video included a triptych in the colours of the Bulgarian flag, seen as a deliberate provocation amid the diplomatic rift between Skopje and Sofia.

COMMENT: The EIB supports the long-term recovery of the Western Balkans

Lilyana Pavlova vice-president of the European Investment Bank March 11, 2021

The region’s economy needs to be more sustainable and connected, which can only be achieved through the digital and green transformation, writes EIB vice-president Lilyana Pavlova.

Top North Macedonia officials accused of trying to procure Chinese vaccines through irregular channels

Valentina Dimitrievska in Skopje March 11, 2021

Leaked letters show government tried to make purchase through Hong Kong registered phantom firm as Skopje struggles to secure vaccines.

BALKAN BLOG: Census sparks a political storm in North Macedonia

Valentina Dimitrievska in Skopje March 4, 2021

In such a deeply divided society as North Macedonia holding a census is not easy.

North Macedonia issues 7-year €700mn Eurobond

bne IntelliNews March 3, 2021

North Macedonia follows Croatia and Serbia to the international markets, borrowing at a historically low interest rate.

North Macedonia’s GDP posts slim contraction of 0.7% y/y in 4Q20

bne IntelliNews March 3, 2021

Better performance in Q4 left North Macedonia with a 4.5% GDP contraction for 2020.

Protests in Skopje against life sentences for 2012 Lake Smilkovsko murders turn violent

Valentina Dimitrievska in Skopje February 28, 2021

Protests after three ethnic Albanians given life sentences in "Monster" case for brutal killings of five men.

BRICKS & MORTAR: Renovation of apartment buildings has biggest potential for energy saving in Western Balkans

bne IntelliNews February 28, 2021

The potential for energy savings in the buildings sector — characterised by ageing, poorly maintained apartment blocks — is estimated at more than 50% of consumption, Energy Community report shows.

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