North Macedonia
EBRD announces profit of €2.1bn in 2023
The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profit of €2.1bn for the year 2023, up from losses of €1.1bn in 2022.
INTERVIEW: Sunny climates and government incentives drive Balkan solar markets
Elen managing partner Lulzim Syla outlines the potential of the solar markets in Kosovo, Albania, and North Macedonia in an interview with bne IntelliNews.
Euromax Resources mulls international arbitration over North Macedonia mine dispute
Canada-based exploration company says its rights were "trampled on" by Skopje.
Southeast Europe urgently recruiting from developing Asia ahead of summer season
One of Europe’s poorest regions is tackling labour shortages by importing workers from as far away as Bangladesh, India and Nepal.
North Macedonia aims to attract almost $600mn for green transition
Skopje secures $85mn from Climate Investment Funds in first step towards coal phase-out.
Slim hopes of EU enlargement progress ahead of European Parliament elections
EU members are pushing for the start of accession talks with Bosnia at this week’s EU Council, but wider progress unlikely before June elections.
Warning over potential “Russian scenario” riots after North Macedonia elections
Junior ruling DUI points to Russian infiltration through political parties and media outlets sympathetic to Moscow's agenda.
Support for Nato membership falls sharply in Southeast Europe
Under half of Montenegrins now back Nato membership, and only 33% would help another member in case of attack.
North Macedonia’s central bank maintains key rate at 6.3%
Domestic inflation decelerated to an annual rate of 3% in February, as pressures from food and energy prices decreased.
Western Balkans faces heightened risk of inter-ethnic violence in 2024, US intelligence report warns
Report says local nationalist leaders and external actors could heighten tensions for their own political gains in Bosnia and Kosovo.
Closing gender gap in workforce could double global growth rate says World Bank
Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.
US sanctions Intellexa consortium entities in Hungary and North Macedonia for spyware development
OFAC says companies in Hungary and North Macedonia sanctioned for developing Intellexa's Predator spyware.
German foreign minister calls for faster EU enlargement to Western Balkans amid Russia threat
Annalena Baerbock says expansion of the EU to the Western Balkans has become a geopolitical necessity in light of Russia's "brutal imperialism".
Western Balkan leaders commit to accelerated regional cooperation
Albanian PM calls at Tirana summit for fellow Western Balkan leaders to overcome historic conflicts to achieve prosperity.
Ukraine's Zelenskiy seeks support from Southeast Europe at Tirana summit
Ukrainian president and Albanian prime minister warn of Russian threat to destabilise the region.
Liberty Steel's financial crisis is just the latest blow for CEE's steel industry
The woes of Liberty Steel's mills also reflect the struggle of former Communist Central and Eastern Europe’s once mighty steel sector to remain competitive.
North Macedonia faces food price surge as price protection measures expire
North Macedonia had one of the highest inflation rates in the region, peaking in late 2022.
Western Balkans power sector risks “complete meltdown” warns think-tank
Policy brief from think-tank CEPS says there is an “acute and imminent risk” of collapse due to outdated infrastructure.
_(2)_Cropped_3_1709014762.jpg)
Macron says sending Nato ground troops to Ukraine should not be ruled out
French president says Russia now presents a greater danger and nothing should be excluded.
Western Balkans to take up to 70 years to catch up with EU
New EBRD report finds low productivity, weak institutions and unfavourable demographics mean convergence may not happen until 2093.