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Electricity price will remain unchanged until the end of the year

The price of electricity for households in Macedonia will remain unchanged until the end of this year; however, there are no guarantees that this will continue to be the case from January 1, 2027. On October 16, Prime Minister Hristijan Mickoski stated that the Government would strive to keep the price unchanged even after the […] The post Electricity price will remain unchanged until the end of the year appeared first on Republika English .

english.republika.mk · economy

Government does not expect diesel shortages, prices will remain lowest in the region

Prime Minister Hristijan Mickoski stated that, based on information received from traders of oil and petroleum products, no shortage of diesel fuel is expected for the remainder of the year. Furthermore, according to what they conveyed to him in private conversations, they do not anticipate any supply issues for the coming year either. The Prime […] The post Government does not expect diesel shortages, prices will remain lowest in the region appeared first on Republika English .

english.republika.mk · economy

FBI grateful to Macedonian police for disrupting an online marketplace of stolen identities

The FBI issued a statement congratulating Macedonian cyber police for detaining the key suspect in the large OLVX online marketplace where stolen personal identity markers were being sold. Active between 2023 and 2025, OLVX is alleged to have unlawfully sold victims’ personally identifiable information (“PII”) and login credentials via over 1,500 seller accounts. The existence […] The post FBI grateful to Macedonian police for disrupting an online marketplace of stolen identities appeared first on Republika English .

english.republika.mk · economy

“Economic indicators show the results of our work”

“The initial economic indicators regarding this Government’s performance and its dedicated work over the past 27 or 28 months are already visible, resulting in numerous projects and stabilization efforts—achieved despite inheriting a state teetering on the brink of an abyss and operating amidst the greatest energy crisis humanity has ever known,” Prime Minister Hristijan Mickoski […] The post “Economic indicators show the results of our work” appeared first on Republika English .

english.republika.mk · economy

Mickoski: GDP growth now greatly surpasses the increase in debt

“I state with full responsibility that the economic situation today is much better than it was three or four years ago, and that in three or four years, it will be even better than it is today. We pursue a policy based on figures, not on emotions,” stated Prime Minister Hristijan Mickoski, commenting on opposition […] The post Mickoski: GDP growth now greatly surpasses the increase in debt appeared first on Republika English .

english.republika.mk · economy

VAT tax on diesel fuel will remain at a lowered level until October 20th

The Government is extending the measure to reduce the value added tax on diesel fuels from 18% to 10% until October 20, 2026. As announced by Minister of Finance Gordana Dimitrieska-Kochoska on her Facebook profile, the decision aims to alleviate price pressures on households and the business sector, as well as to maintain economic stability. […] The post VAT tax on diesel fuel will remain at a lowered level until October 20th appeared first on Republika English .

english.republika.mk · economy

Mickoski: the World Bank predicts a growth rate of 2.9 to 3.2 percent

Prime Minister Hristijan Mickoski met with World Bank representatives yesterday, and today, responding to a question from a journalist, he addressed the forecasts for the Macedonian economy. The World Bank has raised its growth forecast for the Macedonian economy for 2026 from 2.9 percent to 3.2 percent, with infrastructure projects expected to be among the […] The post Mickoski: the World Bank predicts a growth rate of 2.9 to 3.2 percent appeared first on Republika English .

english.republika.mk · economy

Investments in Strumica worth 7 million EUR

Infrastructure projects worth over seven million euros are currently being implemented in the Municipality of Strumica through the Ministry of Transport, stated Deputy Prime Minister and Minister of Transport Aleksandar Nikoloski during a meeting with Mayor Petar Jankov, the municipal administration, and Members of Parliament Eli Panova and Zhan Drvoshanov. According to the Ministry of […] The post Investments in Strumica worth 7 million EUR appeared first on Republika English .

english.republika.mk · economy

Nikoloski in Brussels: we are conducting major investments in our infrastructure

As a landlocked country in the Balkans, we are implementing massive investments in the development and modernization of the two European corridors—8 and 10—that pass through Macedonia. We are working on the construction of highways along Corridor 8 and are also building a railway line on the eastern section of this corridor. In parallel, we […] The post Nikoloski in Brussels: we are conducting major investments in our infrastructure appeared first on Republika English .

english.republika.mk · economy

Diesel prices go down by 4.5 denars per liter

The Regulatory Energy Commission (RKE) adopted a decision reducing the retail prices of diesel, driven by the decision of the Government to reduce the VAT tax rate on this type of fuel. Compared to the previous calculation, reference prices for petroleum products on the global market show the following average changes: gasoline prices increased by […] The post Diesel prices go down by 4.5 denars per liter appeared first on Republika English .

english.republika.mk · economy

World Bank grant to help build a gas plant near Bitola

Lazo Uzuncev, head of the state owned ESM/ELEM energy company, announced that the company will receive 2.4 million EUR in grants from the World Bank that will go toward construction of a gas plant in the REK Bitola complex. The plant wlil be supplied with LNG gas through the port of Alexandropoli In the past […] The post World Bank grant to help build a gas plant near Bitola appeared first on Republika English .

english.republika.mk · economy

Government reduces VAT tax on diesel from 18 to 10 percent

The Government announced this afternoon that it is reducing the value added tax on diesel from 18% to 10%. According to the Government, the decision aims to mitigate the price shock affecting citizens and the business sector amidst a crisis situation caused by potential disruptions to the supply of oil and petroleum products. Government calculations […] The post Government reduces VAT tax on diesel from 18 to 10 percent appeared first on Republika English .

english.republika.mk · economy

Nikoloski: the Macedonia Roads company was being robbed blind

Deputy Prime Minister and Transportation Minister Aleksandar Nikoloski called upon the Public Prosecutor’s Office to review the audit report for the Macedonian Roads company, as well as the criminal complaint he personally signed regarding the conduct of the previous management of this crucial company — which left debts totaling 34 million EUR. Responding to a […] The post Nikoloski: the Macedonia Roads company was being robbed blind appeared first on Republika English .

english.republika.mk · economy

Troubled Uni Bank is on sale, Sparkasse expressed interest to buy it

Uni Banka is up for sale. Today, the Steiermarkische Sparkasse Group officially submitted a notification of its intention to acquire all ordinary shares issued by Uni Banka AD Skopje. According to the bank, the announcement of this intention to acquire marks the first, initial step in the process. The actual execution of the transaction and […] The post Troubled Uni Bank is on sale, Sparkasse expressed interest to buy it appeared first on Republika English .

english.republika.mk · economy

Concerts celebrating Macedonia’s independence were not paid from the state budget, Mickoski says

While answering a journalist’s question in Stip today regarding the cost of organizing events to mark the country’s 35th anniversary of independence, including the large David Guetta concert, Prime Minister Hristijan Mickoski said that the public budget and the citizens paid zero denars for it all, as the activities were organized by socially responsible companies. […] The post Concerts celebrating Macedonia’s independence were not paid from the state budget, Mickoski says appeared first on Republika English .

english.republika.mk · economy

Macedonia has one of the lowest inflation rates in Europe

The latest data for August show continued price stabilization and positive developments in the Macedonian economy. The annual inflation rate in August 2026 was 2.6 percent, while in the same month in 2022, inflation was as high as 16.8 percent. This shows how significantly inflationary pressure has decreased compared to the period when citizens and […] The post Macedonia has one of the lowest inflation rates in Europe appeared first on Republika English .

english.republika.mk · economy

Fuel prices go up, diesel is over 100 denars per liter again

Gas retail prices of petroleum will increase by an average of 4.89 percent from midnight compared to the previous prices set on August 31, 2026, announced the Energy Regulatory Commission (RKE). The largest price increase is for the diesel. The retail price of EURODIESEL BS increases by 6 denars per liter, bringing the new price […] The post Fuel prices go up, diesel is over 100 denars per liter again appeared first on Republika English .

english.republika.mk · economy

Mickoski: Macedonia is seeing strong GDP growth and inflation is under control

In the second quarter of 2026 we have exceptionally high economic activity and an increased GDP of 4.3%. This is more bad news for the opposition, which I assume is now depressed and inconsolable because why Macedonia is moving forward, and is not being dragged back into their political morass of lies, slander and fabrications, […] The post Mickoski: Macedonia is seeing strong GDP growth and inflation is under control appeared first on Republika English .

english.republika.mk · economy

GDP grew by 4.3 percent in the second quarter of 2026

Gross domestic product in the second quarter of this year grew by 4.3 percent, compared to the same period in 2025, the State Statistical Bureau (DZS) announced. In the second quarter of 2026, large increase was recorded in the construction sector – by 21.9% and by 5.1% in the sector: arts, entertainment and recreation. Final […] The post GDP grew by 4.3 percent in the second quarter of 2026 appeared first on Republika English .

english.republika.mk · economy