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Latest Business News

27 Nov 15

Tirana and Skopje Agree ‘Veggie War’ Deal

Albania and Macedonia take steps to resolve fresh produce 'trade war' after Tirana raises the issue at a regional free trade meeting.

16 Nov 15

Macedonia Borrows More Despite Europe's Concern

Macedonia is borrowing more money by issuing bonds, despite concern voiced recently in Brussels about the country's financial direction and priorities.

31 Aug 15

Europe to Fund Balkan Transport, Energy Projects

Following the Vienna summit, the Western Balkans has been promised 200 million euro in co-financing for 10 transport and energy projects, to improve growth and energy security.

23 Jul 15

Macedonia Govt Proposes Biggest Ever Budget

With opposition MPs still absent, the government has proposed a budget rebalance which will result in Macedonia's biggest ever national budget in 25 years of independence.

22 Jul 15

Macedonia Again Plans to Sell Postal Service

After several failed attempts to sell the state owned postal service in the past, Macedonia is again considering privatization.

06 Jul 15

Balkan States Weigh Impact of Greece’s ‘No’

Officials in the Balkans are weighing up the potential impact of the Greek referendum result on their countries amid warnings that a deepening of the crisis could damage economies in the region.

30 Jun 15

Macedonia Tells Banks To Pull Cash From Greece

Central bank in Skopje tells commercial banks to withdraw money from banks in Greece, as a safeguard in case of a sudden Greek exit from the eurozone.

26 Jun 15

Montenegro Court Blocks Deal to Cut Roaming Charges

An agreement on reducing roaming charges between Serbia, Bosnia, Montenegro and Macedonia could fail after a Montenegrin court called it 'unacceptable' for the country.

27 Apr 15

Macedonia Slammed for Failing to Liberalize Energy

Macedonia has breached its EU commitments to liberalize its energy market, the Energy Community has said, giving it only two months to rectify this failure.

22 Apr 15

EU Hails Balkan Transport Network Deal

Leaders of six Western Balkans countries meeting on Tuesday in Brussels agreed on plans for a regional transport network, to which the EU has pledged 130 million euros.

13 Apr 15

Graft and Grey Economy Hindering Balkan Business, EBRD

A new survey from the European Bank for Reconstruction and Development, EBRD, shows that corruption, competition with the informal sector, complex taxes and lack of access to bank loans are the chief complaints of business leaders in the Balkans.

17 Mar 15

Chinese to Build Albanian Highway to Macedonia

Albania aims to fast-track procedures to give the China State Construction Company the concession to build a highway running from Tirana to Dibra/Debar in western Macedonia.

11 Mar 15

Balkan Economies Falling Behind, IMF Warns

The Western Balkan are lagging behind other former Communist transitional countries and need to complete the transformation process that began two decades ago, an IMF report says.  

14 Jan 15

World Bank Revises Croatia's GDP Growth Down

In more bad news for the struggling centre-left government, the World Bank has altered its earlier forecast of Croatia’s GDP growth in 2015, cutting it from 1.2 to 0.5 per cent.

18 Dec 14

Montenegro Drops in Forbes Business Ranking

Montenegro has dopped down four places in this year’s Forbes magazine’s list of 'best countries for business,' ranking in 48th place out of 146 surveyed states, although it remains above several EU member states.

Politics and Society

26 Nov 15

Special Prosecution to Probe Macedonian PM

Allegations against the Prime Minister, Nikola Gruevski, will be among the first cases that Macedonia's new Special Prosecutor will investigate.

Culture and Lifestyle

06 Nov 15

Critical Voices ‘Erased from Macedonian Arts’

Macedonian artists exploring controversial themes disapproved of by the state are being silenced through direct and self-censorship, claim critics.