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Nov 2, 2009 | Posted by: roboblogger

Foggy economics in Macedonia come into focus

Full story: Balkan Times

Last year, the government said Macedonia would be immune to the world economic crisis -- wrong they were.

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“Mess with the best,”

Joined: Apr 5, 2008

Comments: 3202

die like the rest.

ISP: United States

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#1
Nov 2, 2009
 

Judged:

1

They are always wrong.

Scupis=Stupi

They pay twice more, for the swine flu. So, they are just sick. Not immune.

Of course you would mention, the donation and money scupis keep asking.
Annoyed by Stupidity

Newmarket, Canada

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#2
Sunday Nov 8
 
"The government remains alone in its unreal projections for 2009 opposite IMF, EBRD [European Bank for Reconstruction and Development] and SDSM projections", said SDSM Vice-President Zoran Jovanovski.

This past summer, the debate over the impact of the global financial crisis heated up.

Headlines last July read, "Macedonia faces bankruptcy". The media buzz was sparked when then Finance Minister Trajko Slaveski said the country was on the brink of liquidating its assets. He called for parliament to rebalance the budget and cut expenses by approximately 100m euros.

The country was however hit in the gut by the global financial crisis, and newly-designated Finance Minister Zoran Stavrevski, who is also the deputy prime minister, announced the country had dipped into a recession.

An everyday citizen might be able to sum up the situation. "I am unemployed, so I am unaffected by the world economic crisis. I am in a permanent crisis."

Currently, the unemployment rate in Macedonia is 33.8%.

Wow! Filip keeps saying they are doing well...
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