Sparkasse Bank Makedonija branch in the central district of Skopje, the capital of North Macedonia. Photo by ColorMaker / Shutterstock.com
Less dependent on tourism than other countries in the Western Balkans, North Macedonia’s economy is strongly influenced by manufacturing and trade.
New financing is vital to mitigate the current crisis and through Sparkasse Bank Makedonija the EBRD will be able to assist viable companies in need of support, the European Bank for Reconstruction and Development said in the statement.
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