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EuVat Refund Macedonia introduces new measures to fight global crisis: PM

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Macedonia's government on Saturday unveiled a new set of anti-crisis measures in a bid to cope with the economic fallout from the global financial crisis.

The so-called "anti-crisis package" consists of 24 measures aimed at strengthening and supporting loans, ownership issues, agriculture, construction and social politics, Prime Minister Nikola Gruevski told reporters.

"These new measures come as a result of serious and continuous dialogue between the government and businesses," Gruevski said. At a meeting late Friday, the government decided to allow delayed payment of VAT, lower taxes and better conditions for future applicants of loans given by the European Investment Bank, Gruevski said.

The new set of measures "will not bring spectacular results, as most of the important decisions have already been made" in 2009, making Macedonia one of the European countries that has successfully fought the crisis, he added.

"The global economic crisis still challenges our country and we are obliged to keep up with improving economic climate in order to fulfil projected growth for 2010 godine," Gruevski said.

Macedonia expects gross domestic product growth of 2.0 percent in 2010 after achieving a rate of 5.9 percent in 2008, the best GPD result in the former Yugoslav republic for 20 years.


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