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Minister of Transport and Communications Blagoj Bochvarski expects that a contractor for the first two sections of the railroad leading to Bulgaria will be selected in the first quarter of 2021, with Mden 1,8 billion (EUR 29,1 million) projected for this purpose.

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The Macedonia2025 Summit will take place in a hybrid format for the first time via the virtual venue Hopin on Dec. 1-3. In its ninth year, the gathering will consider the post-Covid-19 recovery of the economy, according to organizers.

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The French Development Agency (AFD) will support the project for establishment of a common regional market in the Western Balkans, adopted at the recent Berlin Process Sofia Summit, co-chaired for the first time by an EU member and a candidate state – Bulgaria and North Macedonia, French Ambassador Cyrille Baumgartner told MIA.

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The 2021 defense budget amounts to Mden 11,1 billion (EUR 179,5 million) or 1.57 percent of the GDP, ensuring continued rise of 0.2 percentage points, said Defense Minister Radmila Shekerinska on Saturday. The budget enables full military integration in NATO structures, rejuvenation of the Army and higher standard of troops, more equipment and modernization, reconstruction

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Ministry of Economy’s draft-budget for 2021, plans 140 million MKD (2.2 million EUR) for the construction of the gas pipeline network in North Macedonia. AD NER plans to provide the assets through an emission of securities through a private placement, said Tuesday the Economy Minister Kreshnik Bekteshi during the press conference when he informed about

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The European Bank for Reconstruction and Development (EBRD) with a mix of policy engagement, technical assistance and investment is to support North Macedonia towards EU accession. For this purpose, EBRD has signed a Memorandum of Understanding with the government of North Macedonia on Tuesday to boost the country’s European Union (EU) accession drive.

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Credit rating agency Fitch Ratings has affirmed North Macedonia’s credit rating at BB+ with negative outlook, the Finance Ministry said in a press release on Saturday. The agency cited as reasons for rating affirmation favourable governance, human development, and ease of doing business indicators, and a track record of coherent macroeconomic and fiscal policy, as

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A total of 400 enterprises from the manufacturing industry, trade and IT sectors, have met preconditions of the public call for financial support, aimed at strengthening business competitiveness during and after the coronacrisis, and will receive EUR 17.2 million financial assistance for investments.

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