Macedonia

IMF: ‘Macedonia’s Budget Needs Revising’

Macedonia’s budget needs to be urgently revised as the country spends more than it receives, the International Monetary Fund’s representative to the country, Bert Van Selm, said in the local media. He said this year’s first trimester shows a forecasted 13 per cent growth in revenue, on which the budget …

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Macedonia’s Ex Vice PM Sentenced To Prison

The Skopje court Monday afternoon sentenced the former Macedonian Vice Premier and former leader of the Democratic Alternative party, Vasil Tupurkovski to three years in prison for embezzlement. In the infamous “Taiwan Loans” case, Tupurkovski and one other person were charged for the misuse of funds. The money is question …

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West Praises Macedonian Elections

European Union, NATO and United States’ top officials are praising the recent peaceful and democratically run Macedonian elections. The presidential and municipal poll on Sunday, which cemented the power of the ruling conservative VMRO DPMNE party was seen as a test of the country’s democratic credentials. The vote was closely …

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Macedonia Candidates Neglect Ethnic Albanians

The low turnout of ethnic Albanians in Sunday’s presidential election was because they felt neglected by the two presidential frontrunners, who are ethnic Macedonians, according to local analysts. The poll barely succeeded with a turnout of 42 per cent, only slightly above the required 40 per cent threshold. This was …

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