Page 36 - Ekonomija i Biznis_oktomvri 2016.indd

РECУБOРNИOКMАY
Iknow a company
which had an agree-
ment on equipment of
300 thousand Euros,
with agreed interest
rate of 4 percent, how-
ever when they wanted
to sign the agreement,
they were told that the
interest rate is seven
percent because Mace-
donia is an insecure
country
Angel Dimitrov
President of the
Organization of
Employers
period, ending with the beginning of Sep-
tember, were an amount of 68.8 million
Euros and they compensated more than
half of the funds sold in the period of the
speculative attack on the foreign exchange
rate this year. The borrowing also deceler-
ated, which, according to the economists,
is due to the crisis, however also to the in- companies participated. As the survey
creased orientation of the companies with
foreign capital to their companies – moth-
ers.
Is the pre-election period good or bad
for the companies and the economy as a
whole? If one searches the answer in the
scope of public spending, which by default
“is tuned” precisely in this period, in the
following months one can expect an in-
crease of consumption, thereby revival of
the economic activities. However, the past
experience shows that this simultaneously
is a period of loose policies, that is, over- public sector.
looking of the non-disciplined ones, which
ultimately creates an atmosphere of inde-
pendence in the economic entities. This
was also confirmed by the survey of the
Economic Chamber of Macedonia, which
warned about the impaired business eth-
ics of the economic entities, among other
things, of the state ones. The businessmen
rang the alarm, “Due to non-compliance
with the Law on Financial Discipline,
which should systemically regulate the
mutual payments and compliance of the
Bankers realized record profits, however with many temptations this
year. The investments return the trust in miners, however starting
36 October 2016
Due to non-compliance
with the Law on
Financial Discipline,
which should systemically
regulate the mutual
payments and compliance
of the mutual agreements,
the companies have
additional costs because
Biljana Peeva- they are forced to borrow
Gjurikj loans in order to be able to
Economic Chamber
service their obligations.
of Macedonia
mutual agreements, the companies have
additional costs because they are forced to
borrow loans in order to be able to service
their obligations”, stated Biljana Peeva-
Gjurikj from the Economic Chamber of
Macedonia presenting the results from
the survey of this association where 800
showed, the political crisis also affects the
economy in a way that the companies are
increasingly faced with problems with the
collection of their receivables, which af-
fect their (il)liquidity. They also indicate
that this chain does not include only the
private, but also the state enterprises.
The research of the Economic Chamber
showed that as much as 42 percent of the
companies – members of the Chamber,
complained that they have a problem with
liquidity as a result of the inability to col-
lect the receivables, primarily from the
The mining sector completely rests on
the new investments where they expect
revival starting from next year with the
commencement of the operation of the
lead and zinc mines Zletovo and Toranica,
as well as with the copper production in
the mine in Kazandol.
“The award of the concessions is per-
formed according to the stipulated dy-
namics, however there the signing of the
required documents by the competent
from next year