North Macedonia

Pandemic pushes public debt close to 80% of GDP in Albania and Montenegro

bne IntelliNews January 25, 2021

Albania’s debt overtook Montenegro’s in 3Q20 as GDP contractions and hikes in public spending sent debt-to-GDP ratios soaring across the region.

BALKAN BLOG: Superstition and resentment surround vaccination plans

Valentina Dimitrievska in Skopje, Eldar Dizdarevic in Sarajevo, Clare Nuttall in Glasgow January 24, 2021

Vaccine rollouts are yet to start in four Western Balkan countries and it will be a challenge to overcome widespread belief in conspiracy theories and persuade people to get vaccinated.

North Macedonia plans to cut personal income tax in IT sector to zero in 2023

bne IntelliNews January 20, 2021

Tax cut to incentivise further development of the IT industry, said PM Zoran Zaev. North Macedonia's IT industry grew 17% in 2016-2019.

Western Balkans citizens legally resident in EU equal to 14% of region’s population

Clare Nuttall in Glasgow January 20, 2021

2.4mn people from the Western Balkans have residence permits for EU countries including 868,000 Albanians – over 30% of the country’s 2.8mn population, shows Eurostat data.

BALKAN BLOG: US approach to switch from quick-fix dealmaking to experience and cooperation

Clare Nuttall in Glasgow January 19, 2021

The outgoing Trump administration sought to score points against the EU in the Western Balkans and ignored the complexities of Balkan politics. His successor Joe Biden can be expected to do the opposite.

Western Balkans and Ukraine urged to scrutinise coal subsidies

Valentina Dimitrievska in Skopje January 19, 2021

Energy Community secretariat asks national state aid authorities to check compatibility with the EU state aid acquis after report revealed five Western Balkan countries plus Ukraine spent €2bn on coal subsides in 2015-2019.

North Macedonia's manufacturing confidence indicator down by 8.5 pp y/y in December

bne IntelliNews January 15, 2021

Confidence remains low compared to 2019, but current volume of production orders and expectations for coming months are more favourable than in November.

OUTLOOK 2021 North Macedonia

bne IntelliNews January 13, 2021

A very challenging year lies ahead of North Macedonia following the Bulgarian veto on the launch of the country’s EU accession talks.

Storming parliaments: New Europe's greatest hits

bne IntelliNews staff January 7, 2021

The US has been rocked by the storming of the Capitol by Trump supporters. But in New Europe, protesters storming parliament buildings is a common experience.