The National Bank of the Republic of North Macedonia reported on a working meeting between Governor Trajko Slaveski and Energy Minister Sanja Bozhinovska focused on current energy projects and their financial impact on companies and the wider economy. The discussion centred on how European Union decarbonisation and green energy transition regulations affect domestic firms, and on the need for coordinated measures to support companies’ adjustment and preserve competitiveness. The meeting highlighted both the challenges and opportunities created by the EU transition framework, including prospects for expanding renewable energy in North Macedonia. It also emphasised the role of the financial sector in supporting the shift to greater energy sustainability, and framed closer cooperation between the Ministry of Energy and the central bank as important for designing economy-wide support measures. The development of the energy and mining sector was presented as key to strengthening the country’s financial independence and energy stability, and to improving resilience to external economic shocks. In the period ahead, the authorities plan to work on concrete initiatives and policies to facilitate access to finance for green energy investments and technological modernisation, aimed at supporting corporate adaptation and overall macroeconomic stability.
National Bank of the Republic of North Macedonia 2025-07-29
National Bank of the Republic of North Macedonia and Ministry of Energy to develop policies to ease financing for green energy investments
The National Bank of the Republic of North Macedonia and the Ministry of Energy discussed the financial impact of EU decarbonisation and green energy transition regulations on domestic firms. The meeting emphasized coordinated measures to support corporate adaptation and competitiveness, highlighting the financial sector's role in promoting energy sustainability. Future initiatives will focus on facilitating access to finance for green energy investments and technological modernisation to enhance macroeconomic stability.