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Macedonia’s state-owned power utility company ELEM has begun the construction of the country’s first wind farm in an investment worth 55 million euro.
Rise in passenger numbers is attributed in part to Wizz Air connection.
Macedonia initialled a Chinese loan that will be used to build more motorway stretches, the Transport Minister said at Tuesday's signing ceremony.
‘Sahara India Pariwar’, owned by the billionaire Subrata Roy, plans to build a luxury recreational complex on the shores of Lake Ohrid.
Forbes magazine has rated Slovenia and Macedonia as the best countries in the Balkans in which to do business. Serbia is rated worst.
The opposition has accused the Macedonian government of unjustified spending and driving the country into debt with its controversial draft budget.
Macedonia is expected to finish this year on zero per cent economic growth, the Central Bank Governor says, forecasting the same figure for 2013 as well.
Businesses in Southeast Europe are finding it easier to operate as governments cut red tape, a new World Bank reports concludes.
An estimated 500,000 people have visited the Skopje City Mall since its opening on October 5, the mall’s investors said.
For the twelve consecutive months, Macedonia’s industrial output has been in decline, largely due to the world financial crisis.
Leading international retailers Zara and Carrefour will start serving Macedonian customers for the first time thanks to a brand new, EBRD-financed shopping mall that officially opened in Skopje on Wednesday.
Macedonian train travel is set to get easier and greener thanks to the EBRD’s funding of an ambitious modernisation programme that will benefit passengers and freight transporters alike.
Nikola Gruevski says the government will pay off its entire debt to the private sector by February 2013 in order to improve the economy's overall liquidity.
After the government withdrew the tender, the future looks uncertain for a massive power project that would have involved building two power plants, named Cebren and Galiste, in the south of the country.
Macedonia says it will not cut support for tobacco farmers in deference to new recommendations from the World Health Organization, WHO.
Macedonia's industrial output has declined for 11 months in a row, data show, raising fears that the country could move into recession.
With many construction contracts for the revamp of the Macedonian capital still secret - and annexes added to them all the time - the total sum being spent on Skopje 2014 remains a mystery.
A square overlooked by a giant 29-metre tall bronze statue of the warrior king Philip of Macedon is taking its final shape in the centre of the Macedonian capital.
All Balkan contestants in the semi finals on Tuesday failed to qualify for Eurosong. Macedonia and Albania are still hoping they will qualify on Thursday show in Malmo.