North Macedonia

COMMENT: The new Cold War will be different, and not only because of China

Peter Szopo February 6, 2023

Mercantilism is also replacing globalisation, and the US has a declining interest in European affairs.

National hero commemoration puts North Macedonia’s police on high alert

bne IntelliNews February 5, 2023

A strong presence of North Macedonia’s special police units, a tense atmosphere in Skopje and incidents on the Bulgarian border marked February 4, the 151th anniversary of the birth of Macedonian national hero Goce Delcev, claimed also by Bulgaria.

INTERVIEW: Helen Rodwell, head of CMS’ corporate practice in CEE

Robert Anderson in Prague February 4, 2023

Dealmaking in Central Europe is set to rebound, says law firm's long-standing Prague managing partner, as new kinds of investor move into the region.

Geopolitics overshadows Western Balkan nearshoring ambitions

Clare Nuttall in Glasgow February 1, 2023

Friendshoring has replaced nearshoring after the invasion of Ukraine, benefiting Western-aligned states but causing a shift away from Serbia.

Only Hungary and Russia heading for recession in 2023 as Emerging Europe shows its resilience

Clare Nuttall in Glasgow February 1, 2023

wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.

M&A in Emerging Europe fell by 20% to €32.93bn in 2022

bne IntelliNews January 30, 2023

The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.

Italy pushes for investments into Western Balkan strategic sectors

Clare Nuttall in Glasgow January 30, 2023

Benefiting from its geographic proximity and historic ties, Italy is already one of the top investors and trading partners of the Western Balkan countries.

VISEGRAD BLOG: When Eastern European states speak out they are now listened to

Robert Anderson in Prague January 26, 2023

The countries on Nato’s eastern flank believe they are now leading the debate on how to confront the Kremlin, as demonstrated by the row over supplying modern battle tanks to Ukraine.

North Macedonia’s president says Russian secret services are behind rift with Bulgaria

Valentina Dimitrievska in Skopje January 24, 2023

President Stevo Pendarovski links series of incidents that caused relations to Bulgaria to deteriorate to Moscow's interference in the Western Balkans.

EBRD invests record €13.1bn into its region in 2022

bne IntelliNews January 15, 2023

The European Bank for Reconstruction and Development invested a record €13.1bn into its Emerging Europe and Eurasia region in 2022, the bank announced on January 12.

NEMETHY: Key economic and financial drivers to watch in 2023

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors January 10, 2023

There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.

OUTLOOK 2023: Southeast Europe

bne IntelliNews January 9, 2023

The war in Ukraine had a seismic effect on the security, political and economic landscape of Southeast Europe.

North Macedonia’s annual inflation slows to 18.7% in December

bne IntelliNews January 9, 2023

Inflation is gradually slowing after a steep acceleration during 2022; for the full year inflation shot up to 14.2%, from just 3.2% in 2021.

Emerging Europe backs nuclear power to solve energy needs

bne IntelliNews January 6, 2023

Hungary, Czechia, Poland, Slovakia and Romania all plan new reactors and many countries are also looking at small modular reactors for the future.

THE MITTELEUROPEAN VIEW: Western banks go back to square one in CEE

Gunter Deuber of Raiffeisen Research December 21, 2022

Major Western banks had already adjusted their regional portfolio allocations back to Central Europe so the Ukraine war has not forced a complete reassessment of business strategies.

Start of a new super cycle – fat and flat for 2023?

Ben Aris in Berlin December 15, 2022

The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.

IMF: Global food prices to remain elevated amid war, costly energy, La Niña.

Ervin Prifti . December 14, 2022

Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,

IMF: Riding the global debt rollercoaster

Vitor Gaspar Paulo Medas and Roberto Perrelli for the IMF December 13, 2022

Global debt remained above pre-pandemic levels in 2021 even after posting its steepest decline in 70 years, underscoring the challenges for policymakers.

NEMETHY: The case for gold today – again

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors December 12, 2022

In April 2021 gold was sitting around a price of $1,700; as of December 10, 2022 it is now approaching $1,800. Relative to just about every other asset class, this is not a bad performance.

North Macedonia’s annual inflation stands at 19.5% in November

bne IntelliNews December 7, 2022

Inflation slowed down slightly from the 19.8% recorded a month earlier.

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