New Gas Corridor Deal as Economy Shows Strong Growth
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North Macedonia has officially joined the Vertical Gas Corridor, a strategic energy infrastructure project that is expected to enhance gas supply routes and allow the country to transport up to 2.8 billion cubic meters of natural gas annually. This development comes as the economy experienced a significant growth of 4.3% in the second quarter, indicating a positive economic trend. Prime Minister Hristijan Mickoski reaffirmed his stance that the country is among Europe's top economies in terms of GDP growth, while also outlining continued reforms aimed at more efficient institutions and improved public services.
However, the economic narrative is not without debate, as the opposition Social Democratic Union of Macedonia (LSDM) is demanding an investigation into a 1 billion euro loan taken out by the government led by Prime Minister Mickoski. Meanwhile, legal actions continue, with a criminal complaint filed against two individuals and a legal entity from Strumica on suspicion of tax evasion and money laundering, resulting in the seizure of 600,000 Euros in cash and additional funds from their accounts.
In other legal news, senior prosecutor Jove Cvetanovski has reportedly been cleared of charges by a disciplinary commission, with Savesski indicating he will not appeal, as the initial charge itself presents an obstacle to him becoming a prosecutor for organized crime.