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Cash trade and treasury, Economics, Macedonia, Politics - Friday, May 1, 2015 20:46 - 0 Comments
Emerging Markets, May 1 2015
One of Macedonia’s most senior investment representatives has dismissed the country’s recent unrest as “an isolated incident” that will not impede the steady improvement in foreign direct investment it has received.
Over the last week, 14 ethnic Albanians and eight police officers have died in fighting following a police raid on an ethnic Albanian neighbourhood in the north of Macedonia, protestors have taken to the streets in anti-government movements that have been reported worldwide, and two ministers – plus the country’s intelligence chief – have resigned amid a surveillance scandal.
But Viktor Mizo, the CEO of the Macedonian Free Zone Authority, told Emerging Markets: “The terrorist incident on Saturday and Sunday is certainly a one-off isolated incident.” He said foreign investor visits to the country were going ahead. “We do not foresee, and don’t expect, any influence on normal activity in the Macedonian economy, nor on the plans of foreign investors in our country.”
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