Economic analysis
- EU Candidate Countries’ & Potential Candidates’ Economic Quarterly (CCEQ)
- Economic Reform Programme (ERP) - 2022 Economic Reform Programmes of Albania, Montenegro, North Macedonia, Serbia, Turkey, Bosnia and Herzegovina and Kosovo*: Commission's Overview and Country Assessment
- Progress towards Meeting the Economic Criteria for EU Accession: The EU Commission's Assessments
Macro-Financial Assistance
On 3 February 2023, the Commission proposed to provide up to €100 million in Macro-financial Assistance (MFA) to North Macedonia. With this support, the EU is standing by North Macedonia in challenging times. Following Russia’s unprovoked invasion of Ukraine, the country’s external balance has deteriorated rapidly because of its high dependency on imports of fuel and electricity. North Macedonia also faces large external debt repayment needs in 2023 in a context of challenging financing conditions.
- 6 February 2023 - EU-North Macedonia: Commission proposes up to €100 million in assistance for North Macedonia
MFA in the context of the COVID-19 pandemic
On 22 April 2020, the Commission adopted a proposal for a €3 billion MFA package to ten enlargement and neighbourhood partners to help them limit the economic fallout of the coronavirus pandemic. The decision was adopted by the European Parliament and the Council of the EU on 25 May 2020. As part of this package, the EU agreed on a MFA programme of EUR 160 million to North Macedonia. The first instalment of EUR 80 million was disbursed in October 2020. The second instalment was released in June 2021, following a positive assessment by the Commission of the progress made with respect to the fulfilment of policy conditions attached to this assistance.