• Tuesday, 05 November 2024

Bloomberg Adria conference: Technological developments will bring about greater changes in 100 years

Bloomberg Adria conference: Technological developments will bring about greater changes in 100 years

Skopje, 29 October 2024 (MIA) - The development of new technologies and changes in the global economy will bring about bigger changes than in the last 100 years, said Tuesday Bloomberg Adria’s content director Jelisaveta Lazarević at the opening of the conference titled "Back to business: Economic potential and developing opportunities for Macedonia.”

"When discussing business, we are actually discussing the fact that we live in a world where the development of new technologies and changes that occur in the global economy in the coming period will bring about greater and faster changes than in the last 100 years. In an environment of uncertainty and rapid change, Bloomberg Adria aims to provide progress and opportunity for progress," Lazarević said.

Bloomberg Adria, she added, is a multimedia platform present in North Macedonia, Slovenia, Croatia, Serbia, and Bosnia and Herzegovina that employs 130 journalists from the entire Adriatic region.

"We provide opportunity for progress primarily through our content, which is comprehensive and available on various platforms, and which allows our users access to that content in a way best suited to them.  Bloomberg Adria is a multimedia platform present on five search pages here in North Macedonia, as well as Slovenia, Croatia, Serbia, Bosnia and Herzegovina. We have our own website or digital site that thoroughly covers global, regional, and local topics, written by 130 journalists from the entire Adriatic region," explained Lazarević.

What sets this platform apart from others on the market is its analytics team that provides additional analysis and projection of every news and information related to economy.

PM Hristijan Mickoski stressed that the Government's goal is to create an economic driver through the realization of capital investments and investments by companies in their basic means of work.

"In this way we expect to increase productivity, thus increase income and improve economic performance. That is why we will carefully plan where to spend the money we earn and in the central budget, but we will also borrow. This means spending by investing in investments, not public consumption," Mickoski noted.

According to him, a decades-old system cannot be changed overnight, which is why it takes time for a new option to emerge for the country's economy to be completely independent from events occurring in Germany. The country does not have a large number of natural resources available, such as oil and gas, nor do we have access to a sea. That is why, Mickoski stressed, it is necessary for the country to realize its strategic goals and turn its disadvantage into an advantage, thus becoming a crossroads on railway, road, and energy corridors in this part of Europe.

The PM believes this is possible because the country is a natural crossroad to two of Europe's most important corridors- VIII and X.

Regarding the EUR 500 million Hungarian loan, he said that half will be allocated to companies, i.e. as loans, and the rest as capital investments, some for municipalities and central government.

"We are already negotiating with banks how this process will work in practice and maintain the same conditions. The beginning of the negotiations was not what we expected, but it is what it is. We'll discuss with the banks and see how far we can go. In any case, companies will have the same requirements to the loan, namely a 3.25 percent interest, 3 years grace period and a repayment period of up to 12 years," Mickoski stressed. ssh/sk/

Photo: MIA