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P. 3
May 2016, “Issue 215” CONTENTS
Society 22
CONTENTS Aleksandar Stojkov
TWO MACEDONIAS
07 Chart of the month Society 26
09 Leading composite index 36
10 Flash Macedonia Fatmir Besimi 40
14 Zoran Jovanovski 48
16 Dimitar Bogov ECONOMIC ASPECTS OF THE 62
30 Goran Obradovic EUROPEAN INTEGRATION OF 64
44 Igor Davkov THE REPUBLIC OF MACEDONIA 82
52 Banking - ABIT
PROJECTS 3
Blagica Petreski
FISCAST:
Fiscal responsibility, transpar-
ency and sustainability of the
fiscal finance in Macedonia
54 Saso Arsov EVENTS
4538 Stock exchange Aneta Krstevska
6403 Nicolas Kfuri Economic and financial
6436 Flash world cycles in the light of the em-
pirical research
7403 Tanja Jakobi Banking
76 Miroslav Sazdovski Elena Parnardzieva Stanoevska
84 Economic chamber od Macedonia Risk management in
90 Miroslav Sazdovski conditions of application
of e-banking
92 Darko Buldioski Business
94 Lidija Georgieva
100 Technologies Tereza Serafimova
10061 Robert Alagjozovski CHANGES
10064 Gjorgji Janevski entrepreneur
106 Beautiful Macedonia
10160 Statistics Nikola Glavince
IN SEARCH OF THE BEST WAY
TO COLLECT RECEIVABLES
WORLD
Marjan Petreski
The economy of
Latin America
May 2016
