Fitch Ratings Rating for the Republic of North Macedonia

Fitch Ratings has affirmed North Macedonia's long-term foreign currency credit rating (Issuer Default Rating - IDR) at 'BB+' with a stable outlook. Key factors for the 'BB+' credit rating of North Macedonia are: Long-term implementation of credible and consistent macroeconomic policies; Support for the long-term de facto fixed exchange rate...

Monetary Fine under the Labor Law

The Labor Law, in Article 84, stipulates that the employer may impose a monetary fine on the employee depending on the degree of responsibility of the employee, the conditions under which the violation of work obligations and work order and discipline was committed, the employee's previous work and behavior, the...