Medical cannabis is an emerging industry globally and Macedonia is the only country in the region that has legalised cannabis production and the production of hemp extracts for medical purposes. Cannabis cultivation for medical purposes is rapidly expanding and the cannabis market is exponentially growing, it is expected to triple in size in the next…
DetailsAfter peaking in 2023, Macedonia’s population will shrink to 1.5 million by 2100: a 30 per cent reduction on 2018. The population will also be much older in 2100; more than half the population will be over 65 years. Without significant policy changes Macedonia faces a future of lower economic growth and budget difficulties. While…
DetailsAs the air quality deteriorates over winter, we look at its impact on health and the economy. How bad is the air pollution in Macedonia? Air pollution in Macedonia far exceeds international safety levels. In 2016 The WHO (World Health Organization) ranked Skopje as the third worst city in Europe in terms of particulate matter…
DetailsAn economic outlook for Macedonia from Maximilien Lambertson from The Economist Intelligence Unit, and Macedonia2025 Summit speaker. Full-year 2017 and early 2018 saw economic growth stagnate, owing to the extended political crisis, which resulted in a sharp drop in investment and a contraction in real government consumption. However, private consumption growth was relatively steady supported…
DetailsMacedonia Country Dashboard – 2018 Q2 update: Macedonia’s economy returned to higher growth in Q2 2018, with real GDP increasing by 3.12 per cent in YE terms and 1.14 per cent over the year (YOY). Q2 2018 marked a return to higher growth for Macedonia as can be seen in graph 1 below. Wholesale and…
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How can the region increase its potential for trade integration and attractiveness for foreign investments? Boosting investment in infrastructure is a key part for increasing SEE investment profile and regional trade. Better transportation, energy and telecommunications networks would help SEE countries to increase productivity, deepen their trade integration and improve their attractiveness for foreign investment.…
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The international non-profit organization Macedonia2025 will host its annual Macedonia2025 Summit for the seventh time, from 7-th to 10-th November in Hotel Marriott – Skopje. The Summit represents a dynamic platform for sharing knowledge on business and the economy, technology, leadership and innovation. More than 60 speakers and 400 participants will attend the event, having…
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We are announcing Christopher Sanders – Executive Vice President at Leopold Kostal GmbH & Co. KG, Germany as a Speaker at the Macedonia2025 Summit set for 7-10 November at Hotel Marriott in Skopje Christopher Nigel Sanders joined Leopold Kostal GmbH & Co KG in 1980 as an Industrial Planning Engineer. In 1981 he became the…
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