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Country data
- Population:
- 2.0 million
- Area:
- 26,000 sq km
- Capital:
- Skopje
- Currency:
- Denar
Key developments and challenges
FYR Macedonia has made further progress on key reforms geared towards integration into the European Union.
After it acquired formal status as an EU candidate country in December 2005, the European Commission recommended in October 2009 to open EU accession negotiations.
In December 2012 the Council of the European Union concluded that the country meets the criteria for the opening of the EU accession talks, while noting at the same time that a negotiated and mutually acceptable solution to the name issue, under the auspices of the UN, remains essential.
More developments and challenges
FYR Macedonia
Key facts about the EBRD's work in FYR Macedonia
|
No. of projects |
84 |
|---|---|
|
Net business volume |
€1,096 million |
|
Total project value |
€2,195 million |
|
Gross disbursement |
€551 million |
|
Portfolio in private sector |
30% |
Our strategy in FYR Macedonia
The Former Yugoslav Republic of Macedonia (FYR Macedonia) continues to meet the conditions specified in Article 1 of the Agreement Establishing the Bank.
FYR Macedonia has made steady progress in transition over two decades, but still faces significant challenges across sectors. Given that the country is small and landlocked, the key challenge is to increase FYR Macedonia’s level of integration into regional and global markets. The Bank is well positioned to assist in this process both by supporting the development of key transport corridors, allied to strong and intensified cooperation with key partners such as the European Union and the European Investment Bank, and by promoting private sector development and cross-border trade and investment, building on the numerous business-friendly reforms introduced by the authorities over recent years.
NEWS
CONTACTS
Soravia Centre Skopje, 7th floor,
Filip II Makedonski no. 3,
1000 Skopje,
FYR Macedonia
Tel: +389 2 3297 800
Fax: +389 2 3231 238