Construction of the remaining section of one of Eastern Europe's key motorway networks, Corridor 10, will begin this summer, Macedonian Finance Minister Zoran Stavrevski said today.
The International Monetary Fund has approved a two-year €475 million arrangement for Macedonia, the first such deal under the Fund's new precautionary credit line.
The constant surge in prices of basic consumer products worries many Macedonians, threatening to push more below the poverty line.
Pristina has unveiled plans for its first toll highway, which will connect the capital to the Macedonian capital, Skopje.
Several countries rank high on the 2011 Index of Economic Freedom, as reforms begin to bite, while others lag as result of age-old problems, especially corruption.
Retailers are feeling the pinch as shoppers give the traditional New Year present-buying spree a miss.
The EBRD granted a €6 million loan to a locally-owned renewable energy company for the building of seven small hydro-electric power plants in Macedonia.
Tourist officials complain of losing the battle over Christmas holidays, with more and more Macedonians shunning domestic resorts.
Economy ministry confirms that government is holding talks with Chinese investors on constructing giant energy project in the Vardar valley.
Macedonia has requested a credit line worth €480 million from the International Monetary Fund, officials in the country say.
Macedonia is likely to finalize talks this week on a €400 million loan from the International Monetary Fund aimed at filling the country’s budget gap.
The European Investment Bank intends to increase its presence in the Western Balkans after opening a new regional office in Belgrade.
Authorities consider turning a blind eye to untaxed cash in order to ensure the return home of some of the money that has left the country over the past two decades.
Balkan residents are finding it increasingly difficult to make ends meet and remain pessimistic about their countries’ and their own economic recovery, an annual Gallup poll released on Wednesday finds.
Macedonian companies that rely heavily on railway transport to the Greek port of Thessaloniki have been hit hard by a five-day strike by Greek railway workers.
Insufficient transparency and accountability makes Macedonia's public procurement procedures murky, a local survey has shown.
A combination of reforms to the system and penalties for non-payers has made Macedonia a model for the region when it comes to collecting taxes.
Amnesty International’s human rights report for 2011 welcomed the arrest of the last two ICTY fugitives, Ratko Mladic and Goran Hadzic, but warned that many people across the region still wait for justice.
Three Balkan theatres performed the three parts of Shakespeare’s complex trilogy in London – and with very different results.