North Macedonia

Watchdog warns Western Balkan banks are conduits for money laundering

bne IntelliNews November 19, 2024

Criminal networks are exploiting banks and other financial institutions across the Western Balkans to move illicit money across borders, says a report by the Global Initiative Against Transnational Organized Crime.

So you want to get on the right side of Donald Trump? Try gift-wrapping a hotel

bne bureaus November 15, 2024

Though he’s busy preparing for his second stint in the White House, his brand is still doing business the world over.

North Macedonia’s central bank cuts GDP growth projections for 2024, 2025

bne IntelliNews November 10, 2024

Slower recovery than previously expected, but inflation on track to drop to 3.5% this year and continue downward trend into 2025.

Congratulatory words for Trump mask fears of destabilisation in Western Balkans

Clare Nuttall in Glasgow November 6, 2024

Political leaders take to X to congratulate Trump, while speculation mounts about whether his second presidency will enable destabilisation of the situations in Bosnia and Kosovo.

EBRD, EU to secure €400mn for Western Balkans’ green transition

bne IntelliNews October 31, 2024

Programme to provide €120mn of targeted SME financing in the Western Balkans region in its initial phase, scaling up to €400mn over the next few years.

EU enlargement progresses amid geopolitical tensions

bne IntelliNews October 31, 2024

Several aspiring EU members make significant progress in 2024, but more reforms needed, says European Commission’s latest enlargement package.

Bird flu outbreak forces closure of Skopje Zoo

Valentina Dimitrievska in Skopje October 20, 2024

Management threatens to sue Food and Veterinary Agency, claiming bird "massacre" was intended to damage zoo's reputation.

Western Balkan countries’ growth paths diverge

Clare Nuttall in Glasgow October 20, 2024

Albania, Kosovo, Montenegro and Serbia are pulling ahead, while Bosnia and North Macedonia are being held back by lower external demand and domestic fiscal pressures, says new World Bank report.

Central and Southeastern Europe defies German economic weakness

Robert Anderson in Prague October 17, 2024

The wiiw autumn forecast warns that not all of the recession in the German automotive industry has so far been felt in Central Europe and further difficulties should be expected.

Albania opens first chapter of EU accession negotiations

Valentina Dimitrievska in Skopje October 16, 2024

With this step, Albania has joined Montenegro and Serbia as the third Western Balkan country to open negotiation chapters in accession talks with the EU.

Serbia signs MoU with North Macedonia for gas interconnector

bne IntelliNews October 8, 2024

Serbia has taken another step to diversify its energy supply by agreeing a plan for a pipeline to link to the liquefied natural gas terminal in Alexandroupolis, Greece.

North Macedonia's foreign minister says Skopje still committed to European values despite EU accession setbacks

Valentina Dimitrievska in Skopje October 3, 2024

North Macedonia has been an EU accession candidate since 2005 but has failed to progress to the negotiation stage.

Western Balkans emerges as nearshoring destination

Clare Nuttall in Glasgow October 3, 2024

wiiw study reveals FDI soared in recent years, with strong interest from Asian investors.

Nato deploys additional 200 troops to bolster KFOR readiness in Kosovo

Valentina Dimitrievska in Skopje September 30, 2024

KFOR warned ongoing tensions and uncoordinated actions in the area raise concerns about security in Kosovo and the overall stability of the region.

Hungarian PM Orban says he has a plan to unblock North Macedonia’s EU path

Valentina Dimitrievska in Skopje September 29, 2024

North Macedonia has been an EU candidate country since 2005 but has made little progress towards accession.

EU separates Albania and North Macedonia in EU accession process

bne IntelliNews September 26, 2024

PM Hristijan Mickoski says EU’s decision sends a negative message to Macedonian citizens after two decades of little progress.

EBRD lowers Emerging Europe growth forecasts amid economic challenges

Clare Nuttall in Glasgow September 26, 2024

Development bank expects 2.8% growth across its region of operations in 2024, rising to 3.5% in 2025.

The Western Balkans' productivity problem

bne IntelliNews September 25, 2024

Wages in Western Balkans are increasing faster than productivity, making it harder for the region to attract investment and catch up with Central Europe.

North Macedonia caps traders' profit margins to tackle rising living costs

Valentina Dimitrievska in Skopje September 22, 2024

Significant rise in living costs reported between December 2023 and August 2024.

Fast fashion slowly conquers the Balkans

Clare Nuttall in Glasgow September 20, 2024

International fashion chains’ expansion in Southeast Europe constrained by small market size and availability of modern retail space.

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