“Debt billboards” put up across Tetovo

Newly elected Tetovo Mayor Bilal Kasami put up billboards with the total sum that the city was in debt when he was elected. Kasami blames his predecessor Teuta Arifi ...

S&P warns about Macedonia’s fast growing debt

The report on Macedonia by Standard & Poor’s, which affirmed the “junk” rating of BB-, warns about the country’s fast rising debt. The rating agency ...

VMRO-DPMNE: During Zaev’s rule, the debt increased by 2.4 billion euros, and in 11 years earlier the debt increased by only 2.8 billion euros

“Macedonia is sinking economically with Zaev’s government, among other things,” the VMRO-DPMNE party said in a statement. Apart from the fact that ...

VMRO-DPMNE: Zaev announces new borrowing of 700 million euros, public debt will exceed 7 billion

The government is announcing new borrowing through a 700m-euro Eurobond. The government will borrow this money before the elections, thus preparing for a new bribe, ...

Croatia following the footsteps of Macedonia, writing off of debts starts from January 1

  Croatia followed the footsteps of Macedonia. From January 1 they start with the realization of the “writing off the debt” project. An agreement ...

Macedonia took least loans compared to all countries of Europe

Macedonia is one of the European countries whose debt has increased the least in the past five years. In absolute figures, loans worth € 1.1 billion were taken ...

The previous government in the municipality of Ohrid left debts of 33 million euro

The new local government in the municipality of Ohrid deals with messed old debts with the amount of 33.138 million euro that are inherited from the previous government. ...

Payment of Debts Begins

The state has started to pay off the debts to businesses. As of today, money has been transferred to the accounts of several companies in the sector of metallurgy. In ...

Gruevski: State to Pay Entire Debt to Economy by February 2013

The late payment of VAT return and invoices as of tomorrow will be reduced gradually aimed at by end of Feb. 2013 this problem to be surpassed, PM Nikola Gruevski ...