North Macedonia

EBRD2024: EBRD expects Emerging Europe growth boost in 2024, but slightly lowers forecast

Clare Nuttall in Yerevan May 15, 2024

Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.

Bridging economies: The catalyst role of low-cost cross-border payment transfers in the Western Balkans

Xiaoqing Yu of the World Bank May 14, 2024

Exorbitant international B2B payment transfers are a barrier to cross-border trade for enterprises in the Western Balkans, a World Bank analysis shows.

Western Balkans urged to embrace renewable energy for district heating

Clare Nuttall in Glasgow May 14, 2024

Fossil fuels are still being burned in district heating networks across the Western Balkans, despite the pressing need to prepare for the transition to green energy, finds a Bankwatch report.

North Macedonia’s central bank cuts GDP growth projection for 2024

Valentina Dimitrievska in Skopje May 13, 2024

Forecast lowered to 2.6% after underperformance in 2023 and less favourable external environment this year.

North Macedonia’s new president provokes Greece at inauguration ceremony

Valentina Dimitrievska in Skopje May 12, 2024

Greek ambassador walks out after Gordana Siljanovska-Davkova pointedly uses her country’s old name — Macedonia instead of North Macedonia.

North Macedonia’s opposition VMRO-DPMNE celebrates twin electoral victory

Valentina Dimitrievska in Skopje May 8, 2024

VMRO-DPMNE wins both general and presidential elections as voters punish ruling SDSM for failure to tackle corruption.

Think-tank warns UN vote on Srebrenica genocide could trigger Republika Srpska’s secession from Bosnia

Denitsa Koseva in Sofia May 7, 2024

Hudson Institute says move towards secession could in turn spark broader ethnic conflicts in Balkans.

North Macedonia’s opposition gears up for return to power

Valentina Dimitrievska in Skopje May 7, 2024

Uncertainly over North Macedonia's EU accession path as opposition conservative VMRO-DPMNE is poised for a comeback after eight years in opposition.

Serbs see Russians as main ally, US as biggest threat

bne IntelliNews May 3, 2024

IRI’s Western Balkan survey also reveals Albanians and Kosovars most committed to EU and Nato membership; support flagging in other countries.

North Macedonia’s opposition VMRO-DPMNE candidate takes strong lead in first round of presidential election

Valentina Dimitrievska in Skopje April 25, 2024

Incumbent President Stevo Pendarovski trails Gordana Siljanovska Davkova as voters punish ruling SDSM.

CEE recovering but no full rebound in sight, says wiiw

Clare Nuttall in Glasgow April 25, 2024

Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.

Future of Emerging Europe’s hybrid regimes hangs in the balance

Clare Nuttall in Glasgow April 23, 2024

With Emerging Europe increasingly polarised between democracies and authoritarian states, it is unclear in which direction the hybrid regimes – which fall between the two camps – will go, says Freedom House.

North Macedonia’s presidential election to test commitment to EU accession

Valentina Dimitrievska in Skopje April 22, 2024

Slow accession progress and unhappiness with ruling coalition’s policies may push voters towards opposition VMRO-DPMNE candidate.

US senators seek closer ties with Western Balkans to combat Russia's 'malign influence'

bne IntelliNews April 18, 2024

Members of the US Senate Committee on Foreign Relations warned of the risk of destabilisation in the Western Balkans since the start of Russia’s war in Ukraine.

EBRD announces profit of €2.1bn in 2023

bne IntelliNews April 11, 2024

The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profit of €2.1bn for the year 2023, up from losses of €1.1bn in 2022.

INTERVIEW: Sunny climates and government incentives drive Balkan solar markets

Valentina Dimitrievska in Skopje April 6, 2024

Elen managing partner Lulzim Syla outlines the potential of the solar markets in Kosovo, Albania, and North Macedonia in an interview with bne IntelliNews.

Euromax Resources mulls international arbitration over North Macedonia mine dispute

Valentina Dimitrievska in Skopje April 4, 2024

Canada-based exploration company says its rights were "trampled on" by Skopje.

Southeast Europe urgently recruiting from developing Asia ahead of summer season

bne IntelliNews April 3, 2024

One of Europe’s poorest regions is tackling labour shortages by importing workers from as far away as Bangladesh, India and Nepal.

North Macedonia aims to attract almost $600mn for green transition

Valentina Dimitrievska in Skopje March 20, 2024

Skopje secures $85mn from Climate Investment Funds in first step towards coal phase-out.

Slim hopes of EU enlargement progress ahead of European Parliament elections

bne IntelliNews March 20, 2024

EU members are pushing for the start of accession talks with Bosnia at this week’s EU Council, but wider progress unlikely before June elections.

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