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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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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 foreign debt increases by 1,8% to 6,7 billion euros

By   /  31/08/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on FYROM’s foreign debt increases by 1,8% to 6,7 billion euros

Skopje, 31 August 2016/Independent Balkan News Agency By Naser Pajaziti In the first four months of the current year, gross foreign debt in FYROM was 6,7 billion euros or 70,9% of GDP. This has been made public by the Central Bank in Skopje. Compared to the first four months of 2015, foreign debt has increased […]

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Government borrows to pay off old debts

By   /  07/07/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on Government borrows to pay off old debts

Skopje, 7 July 2016/Independent Balkan News Agency By Naser Pajaziti Government of FYROM is expected take new debts. With the recent decision, a new debt of 12,6 million euros has been secured through the sale of treasury bonds. This debt has been taken to pay old debts to international financial institutions. A debt of 5,4 […]

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Dijsselbloem expects total agreement by the next Eurogroup meeting

By   /  13/05/2016  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Dijsselbloem expects total agreement by the next Eurogroup meeting

Athens, May 13, 2016/ Independent Balkan News Agency By Spiros Sideris The finalization by Athens of measures regarding taxation and privatizations by the Eurogroup meeting on 24 May is expected by the president of the Eurogroup Jeroen Dijsselbloem, who spoke to Reuters. He added that there are minimal red lines in the discussions on the […]

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Kosovo has the lowest level of debt in the region

By   /  10/05/2016  /  Finance, Headlines, Kosovo, XK Finance  /  Comments Off on Kosovo has the lowest level of debt in the region

Pristina, 10 May 2016/Independent Balkan News Agency By Elton Tota Kosovo has a very low level of public debt compared to the countries of the region, namely 13,2% of GDP. According to the European Commission, this debt is expected to mark a fall to 12,17% at the end of 2016. Based on European Commission report, Albania and Serbia […]

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Citizens in FYROM have access to the public debt data

By   /  21/03/2016  /  F. Y. R. O. Macedonia, Finance, MK Finance  /  Comments Off on Citizens in FYROM have access to the public debt data

Skopje, 21 March 2016/Independent Balkan News Agency By Naser Pajaziti In FYROM, level of public debt increases by 3 euros every second. This is indicated by the public debt index published by the Research Center for IT at the Macedonian Academy of Science and Arts. Its chairman, Taki Fiti said that this situation is alarming […]

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High public debt, the main concern for the Albanian economy

By   /  15/12/2015  /  AL Finance, Albania, Finance, Headlines  /  Comments Off on High public debt, the main concern for the Albanian economy

Tirana, 15 December 2015/Independent Balkan News Agency According to the credit rating agency, Moody’s, high level of debt continues to remain Albania’s main challenge and at the end of 2015, debt is expected to be 73%, to fall at 70% in 2016. Albania’s EU candidacy has boosted fight against corruption and has made progress in […]

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Outstanding debt to businesses to be settled within 2016

By   /  05/11/2015  /  AL Finance, Albania, Finance, Headlines  /  Comments Off on Outstanding debt to businesses to be settled within 2016

Tirana, 5 November 2015/Independent Balkan News Agency During the first two years in office, Prime Minister’s Rama government has settled around 53 billion ALL worth of outstanding debt to businesses, sources from the Ministry of Finance say. This amount accounts for 5,3% of the GDP. This year up to October, the government has allocated 17,73 […]

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