North Macedonia

Vucic and Kurti agree on implementation of EU deal but don't sign it

Valentina Dimitrievska in Skopje March 19, 2023

Leaders of Serbia and Kosovo move closer to normalisation of their relations at marathon session of EU-mediated meetings.

Has Southeast Europe come of age as an investment destination?

Clare Nuttall in Glasgow March 15, 2023

The Western Balkan countries are following the path established by Central Europe that emerged as a prominent manufacturing and services hub early in the transition period.

Bomb hoaxes disrupt education and daily life in North Macedonia

Valentina Dimitrievska in Skopje March 8, 2023

Thousands of fake bomb threats linked by officials to Ukraine war have disturbed the everyday lives of North Macedonia’s citizens for months, with schools being the main targets.

North Macedonia’s annual inflation slows to 16.7% in February

bne IntelliNews March 7, 2023

The slowdown in inflation started in November and consumer prices are expected to ease further during the year.

North Macedonia’s economy grew 0.6% y/y in 4Q22, 2.1% in 2022

bne IntelliNews March 2, 2023

Slowdown expected as unfavourable trends in industry and construction sectors continued into the fourth quarter.

Empty shelves in North Macedonia as bakers stop making bread

Valentina Dimitrievska in Skopje March 1, 2023

Bakers refuse to produce best-selling loaves in protest against government price caps.

Stable outlooks at lowest level for two decades in Emerging Europe, says Fitch Ratings

bne IntelliNews February 27, 2023

One year since the Ukraine conflict began, the share of stable sovereign outlooks in Emerging Europe is at its lowest since late 2003.

Thousands demonstrate in Bulgaria to support Ukraine on invasion anniversary

Denitsa Koseva in Sofia February 26, 2023

Protesters angry at President Rumen Radev's pro-Russian stance and resistance to sending military aid to Ukraine.

North Macedonia steps up security after cyber attacks and bomb hoaxes linked to Ukraine war

Valentina Dimitrevska in Skopje February 22, 2023

More than 30 locations evacuated in Skopje and Prilep after the authorities received fake bomb threats.

Boom in solar power production in North Macedonia creates problems for power grid

Valentina Dimitrievska in Skopje February 19, 2023

Skopje eased procedures for households and companies to install rooftop solar panels and sell energy back to the grid, officials are now trying to find a solution to the fluctuations in supply.

More gloom ahead as EBRD cuts 2023 growth forecasts

bne IntelliNews February 16, 2023

The EBRD lowered its forecasts for more than half its 36 countries of operation, anticipating average growth of just 2.1% this year.

North Macedonia’s annual inflation slows to 17.1% in January

bne IntelliNews February 14, 2023

Inflation is still at a high level but is expected to continue to slow in 2023.

IMF: Charting globalization’s turn to 'slowbalization' after world financial crisis

Jeff Kearns of the IMF February 9, 2023

The free flow of ideas, people, goods, services, and capital across national borders leads to greater economic integration. But globalization, the trend toward these things moving ever more freely between nations, has slowed in recent years.

CEE management schools shrug off threat of distance-learning programmes

Kester Eddy in Budapest February 9, 2023

The COVID-19 pandemic pushed CEE students towards Western online MBA courses, but they are now returning to face-to-face studies, say the region's business school heads.

COMMENT: The new Cold War will be different, and not only because of China

Peter Szopo February 6, 2023

Mercantilism is also replacing globalisation, and the US has a declining interest in European affairs.

National hero commemoration puts North Macedonia’s police on high alert

bne IntelliNews February 5, 2023

A strong presence of North Macedonia’s special police units, a tense atmosphere in Skopje and incidents on the Bulgarian border marked February 4, the 151th anniversary of the birth of Macedonian national hero Goce Delcev, claimed also by Bulgaria.

INTERVIEW: Helen Rodwell, head of CMS’ corporate practice in CEE

Robert Anderson in Prague February 4, 2023

Dealmaking in Central Europe is set to rebound, says law firm's long-standing Prague managing partner, as new kinds of investor move into the region.

Geopolitics overshadows Western Balkan nearshoring ambitions

Clare Nuttall in Glasgow February 1, 2023

Friendshoring has replaced nearshoring after the invasion of Ukraine, benefiting Western-aligned states but causing a shift away from Serbia.

Only Hungary and Russia heading for recession in 2023 as Emerging Europe shows its resilience

Clare Nuttall in Glasgow February 1, 2023

wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.

M&A in Emerging Europe fell by 20% to €32.93bn in 2022

bne IntelliNews January 30, 2023

The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.