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Country Report Macedonia 1st Quarter

  • ID: 2388034
  • Country Profile
  • February 2019
  • Region: North Macedonia
  • The Economist Intelligence Unit
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The government-led by the Social Democratic Alliance of Macedonia (SDSM), in place since May 2017-has ended a two-year political crisis. It has also improved relations with the EU and, in particular, with Bulgaria and Greece.

However, tensions between the former ruling VMRO-Democratic Party of Macedonian National Unity (VMRO-DPMNE) and the SDSM will persist in the forecast period (2019-23), hampering government effectiveness.

In January 2019 the Macedonian and Greek parliaments approved the Prespa agreement, according to which Macedonia will change its name to the Republic of North Macedonia in exchange for Greece ending its veto on Macedonia's EU and NATO accession.
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Country Report Macedonia 1st Quarter

Briefing sheet
Political and economic outlook
Key changes since November 13th
The quarter ahead
Major risks to our forecast

Outlook for 2019-23: Political stability

Outlook for 2019-23: Election watch

Outlook for 2019-23: International relations

Outlook for 2019-23: Democracy Index: Macedonia
Functioning of government improves but rule of law remains poor
Name change deal drives increase in political participation
Note on methodology

Outlook for 2019-23: Policy trends

Outlook for 2019-23: Fiscal policy

Outlook for 2019-23: Monetary policy

Outlook for 2019-23: International assumptions

Outlook for 2019-23: Economic growth

Outlook for 2019-23: Inflation

Outlook for 2019-23: Exchange rates

Outlook for 2019-23: External sector

Outlook for 2019-23: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Main towns
Weather in Skopje (altitude 240 metres)
Weights and measures
Fiscal year
Public holidays

Political structure
Official name
Form of state
Legal system
National legislature
Head of state
National government
Main political parties
Leading members of the government
Key ministers
Speaker of parliament
Central bank governor
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