Macedonia - Media Review – December 28

VECER

- Next year Macedonia's economy will post a slow, gradual, but steady recovery, Prime Minister Nikola Gruevski said after the country’s State Statistics Office reported a 4.3 % annual increase in the November industrial output.

DNEVNIK

- Macedonia’s NLB Tutunska Banka, majority-owned by Slovenia-based Nova Ljubljanska Banka (NLB), is expected to end 2009 with a net profit of 10 million euro, one million euro higher than a year earlier, the bank’s CEO Gjorgji Jancevski said.

- Macedonian Economy Ministry said it has appointed the International Financial Corporation (IFC) as consultant for the implementation of a new tender for the construction of the Cebren and Galiste hydropower plants, following the previous two tenders' failure. The construction cost of the plants, to be located on Crna river, is estimated at some 600 million euro.

($=0.6952 euro)