• About us
  • Impressum
  • Contact
CIVIL Today
  • HOME
  • NEWSROOM
  • POLITICS
  • SOCIETY
  • ECONOMY
  • OPINION
    • EDITORIAL
    • POINT OF VIEW
  • WORLD
  • MONITORING
  • WAR IN UKRAINE
    • All
    • БОРОТЬБА УКРАЇНИ
    CIVIL will not attend the events of the OSCE summit as a sign of protest against the Russian genocidal aggression and the participation of the high representative of the terrorist state

    CIVIL will not attend the events of the OSCE summit as a sign of protest against the Russian genocidal aggression and the participation of the high representative of the terrorist state

    Russian military drops two bombs on a kindergarten in the Beryslav district

    Russian military drops two bombs on a kindergarten in the Beryslav district

    Additional U.S. Military Assistance for Ukraine

    Additional U.S. Military Assistance for Ukraine

    (VIDEO) President Zelenskiy of Ukraine raises hopes for freedom of all Ukraine

    President Zelensky Peace Formula about food security

    (VIDEO) President Zelenskiy of Ukraine raises hopes for freedom of all Ukraine

    Zelensky discussed further strengthening Ukraine’s long-range capabilities with Biden

    (EXCLUSIVE) Yevhen Perebyinis, Dep. Head of MFA Ukraine: Support Ukraine, stay on the right side of history

    (EXCLUSIVE) Yevhen Perebyinis, Dep. Head of MFA Ukraine: Support Ukraine, stay on the right side of history

    Bujar Osmani, MFA: NATO is the first dose of the vaccine, and the EU is the second, for complete immunity from the malign influence we need both doses

    Bujar Osmani, MFA: NATO is the first dose of the vaccine, and the EU is the second, for complete immunity from the malign influence we need both doses

    President Zelensky: No one in the world invests in terrorism more than Russia

    Zelensky has sums up the results of his working visit to Spain

    Biden talks with European leaders

    Biden brought a number of key allies and partner representatives together to coordinate further support for Ukraine

No Result
View All Result
  • HOME
  • NEWSROOM
  • POLITICS
  • SOCIETY
  • ECONOMY
  • OPINION
    • EDITORIAL
    • POINT OF VIEW
  • WORLD
  • MONITORING
  • WAR IN UKRAINE
    • All
    • БОРОТЬБА УКРАЇНИ
    CIVIL will not attend the events of the OSCE summit as a sign of protest against the Russian genocidal aggression and the participation of the high representative of the terrorist state

    CIVIL will not attend the events of the OSCE summit as a sign of protest against the Russian genocidal aggression and the participation of the high representative of the terrorist state

    Russian military drops two bombs on a kindergarten in the Beryslav district

    Russian military drops two bombs on a kindergarten in the Beryslav district

    Additional U.S. Military Assistance for Ukraine

    Additional U.S. Military Assistance for Ukraine

    (VIDEO) President Zelenskiy of Ukraine raises hopes for freedom of all Ukraine

    President Zelensky Peace Formula about food security

    (VIDEO) President Zelenskiy of Ukraine raises hopes for freedom of all Ukraine

    Zelensky discussed further strengthening Ukraine’s long-range capabilities with Biden

    (EXCLUSIVE) Yevhen Perebyinis, Dep. Head of MFA Ukraine: Support Ukraine, stay on the right side of history

    (EXCLUSIVE) Yevhen Perebyinis, Dep. Head of MFA Ukraine: Support Ukraine, stay on the right side of history

    Bujar Osmani, MFA: NATO is the first dose of the vaccine, and the EU is the second, for complete immunity from the malign influence we need both doses

    Bujar Osmani, MFA: NATO is the first dose of the vaccine, and the EU is the second, for complete immunity from the malign influence we need both doses

    President Zelensky: No one in the world invests in terrorism more than Russia

    Zelensky has sums up the results of his working visit to Spain

    Biden talks with European leaders

    Biden brought a number of key allies and partner representatives together to coordinate further support for Ukraine

No Result
View All Result
CIVIL Today
No Result
View All Result
Home INTEGRATION

EU-North Macedonia: Commission proposes up to €100 million in assistance for North Macedonia

February 7, 2023
in ECONOMY, INTEGRATION, NEWSROOM, POLITICS
EU-North Macedonia: Commission proposes up to €100 million in assistance for North Macedonia
Share on FacebookShare on Twitter

The European Commission is proposing to provide up to €100 million in Macro-financial Assistance (MFA) to North Macedonia. With this proposal, the Commission is standing by North Macedonia in challenging times, as, following Russia’s war of aggression against Ukraine, the country’s external balance has deteriorated rapidly because of its high dependency on imports of fuel and electricity. North Macedonia also faces large external debt repayment needs in 2023 in a context of challenging financing conditions.

The proposed assistance would contribute to covering North Macedonia’s financing needs in 2023 and 2024, supporting both fiscal sustainability and structural reforms. Today’s proposal accompanies a 24-month support programme concluded with the International Monetary Fund (IMF), of up to €530 million, ec.europa.eu informs.

The assistance would come in the form of loans, to be paid in two tranches. These two payments would be conditional on the implementation of policy measures which need to be agreed between North Macedonia and the EU in a Memorandum of Understanding. The Memorandum of Understanding is likely to focus on policy reforms in the areas of fiscal governance, tax policy, the management of public investment, public-private partnerships, business environment, transparency in state aid, energy efficiency, judiciary reform, and the fight against corruption. The payments would also be conditional on a positive track record in implementing the IMF programme. These reforms will support North Macedonia on its path to EU membership.

Ursula von der Leyen, Commission President, said:  “We stand by North Macedonia in these challenging times. Today, we propose up to €100 million in Macro-financial Assistance to support the country’s economy, contributing to covering its financing needs for the next two years.”

It is now for the European Parliament and the Council to consider and adopt the proposal to provide Macro-financial Assistance to North Macedonia. Once adopted, the proposal will enter into force and payments can follow, provided policy conditions, to be laid out in a Memorandum of Understanding between North Macedonia and the EU, are met.

 

Print Friendly, PDF & Email
Next Post
More than 4,300 dead in Turkey and Syria after strong earthquake

More than 4,300 dead in Turkey and Syria after strong earthquake

  • About Theme
  • About us
  • ADVERTISE WITH US
  • Authors List
  • Blog
  • Cart
  • Checkout
  • Civil.Today
  • Contact
  • Contact
  • COOKIE POLICY
  • COPYRIGHT
  • Digital library
  • Edit
  • Edit Profile
  • Forum
  • FullWidth Page
  • Gallery
  • Home
  • Impressum
  • Insert Post
  • My Account
  • Pinterst Style
  • Posts
  • Pricing
  • PRIVACY POLICY
  • Resilient Journalism Countering Disinformation and Propaganda publication
  • Sample Page
  • Shop
  • ShortCodes
  • Signup Page
  • Sitemap Page
  • TERMS & CONDITIONS
  • TimeLine Blog
  • Timeline Page
  • Topics
  • Videos

© 2021 CIVIL - Center For Freedom

No Result
View All Result
  • NEWSROOM
  • POLITICS
  • SOCIETY
  • ECONOMY
  • OPINION
    • POINT OF VIEW
    • EDITORIAL
  • WORLD
  • MONITORING
  • WAR IN UKRAINE
  • About us
  • Impressum
  • Contact

© 2021 CIVIL - Center For Freedom