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FYROM continues to borrow, experts raise the alarm

By   /  17/01/2017  /  F. Y. R. O. Macedonia, Finance, Headlines, MK Finance  /  Comments Off on FYROM continues to borrow, experts raise the alarm

6.5 million euros will be the value that the Ministry of Finance in FYROM will borrow today by selling T-bills at an interest rate of 2,1%. This auction is the second one from the start of this year. Last week the government took out a loan amounting to 31,7 million euros, 16 million euros more […]

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FYROM takes out fresh loans

By   /  11/01/2017  /  F. Y. R. O. Macedonia, Finance, Headlines, MK Finance  /  Comments Off on FYROM takes out fresh loans

Government of FYROM continues to take out fresh loans. The Ministry of Finance has borrowed 31 million euros through the sale of T-bills. 15 million euros will be used for paying old debts, while the rest will be used to finance budget expenses. The Social Democratic Union (SDSM) has reacted against this decision of borrowing […]

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Government in FYROM to take out fresh loans in 2017

By   /  04/01/2017  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on Government in FYROM to take out fresh loans in 2017

This year, government authorities in FYROM are planning to take out fresh loans. According to the Ministry of Finance calendar, which is published on a regular basis, 18 auctions will be held in the first half of 2017 in order to trade government T-bills, which means that loans will be taken three times a month. […]

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Average monthly salary in FYROM around 370 months

By   /  27/12/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on Average monthly salary in FYROM around 370 months

Average net monthly salary in FYROM in the recent months has reached a level of 22.460 denars (370 euros), the State Authority of Statistics said. Data indicate that there has been an increase of 1,1% compared to the same period last year. Meanwhile, gross average salary is 33.023 denars or over 500 euros. According to […]

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USA are worried about the growing political tension in FYROM

By   /  21/12/2016  /  F. Y. R. O. Macedonia, Headlines, MK Finance, Politics  /  Comments Off on USA are worried about the growing political tension in FYROM

US administration has reacted on the recent developments in FYROM following the 11 December elections. The US State Department’s spokesman, John Kirby, declared that the USA is concerned about the growing tension following the newly held elections. “We’re concerned about the growing political tension in Macedonia following the 11 December parliamentary elections and we condemn the […]

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The government borrows again to pay the debts

By   /  01/12/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on The government borrows again to pay the debts

Even during the electoral campaign, government of FYROM continues to borrow. Yesterday, 113 million euros have been borrowed through the sale of T-bills. Until 11 December, when elections will be held, the government must pay back 124.6 million euros and until the end of the year, it must pay back 160.5 million euros. Minister of […]

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IMF: Public debt higher than 50% is a risk for FYROM

By   /  24/11/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on IMF: Public debt higher than 50% is a risk for FYROM

International Monetary Fund has demanded from the government in FYROM to take urgent measures in order to cut expenses. IMF recommends the start of a fiscal consolidation and suggests that public debt should be below 50% of GDP. This financial institution says that if public debt is over 50% of GDP, then this is dangerous. […]

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Government of FYROM borrows again

By   /  08/11/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on Government of FYROM borrows again

Government of FYROM has taken out a new loan worth 12,1 million euros. According to the Ministry of Finance, these funds will be secured through the sale of T-bills in two auctions that have been scheduled to take place. According to this ministry, the maturity period of this loan is from 1 to 2 years. […]

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FYROM’s public debt amounts to 4,7 billion euros or 50,6% of GDP

By   /  01/11/2016  /  F. Y. R. O. Macedonia, Finance, Headlines, MK Finance  /  Comments Off on FYROM’s public debt amounts to 4,7 billion euros or 50,6% of GDP

Public debt in the country has reached the threshold that there exists of 50% of GDP. At the end of the third quarter of this year, public debt has amounted to 4,7 billion euros, which makes up for 50,6% of GDP. For the year up to September, public debt has seen an increase of 532 […]

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Average salary in FYROM over 380 euros

By   /  25/10/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on Average salary in FYROM over 380 euros

Net average salary in FYR Macedonia is 22.294 denars or over 380 euros, says State Institute for Statistics. According to the data which have been published, compared to last year, salaries have increased around 2%. Increases have been seen in sectors such as construction by 10,1%, administration by 6,6% and processing industry by 4,3%. Meanwhile, […]

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