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Economy / Macedonia

Macedonia

November 2011 | Ratings Update

The change of government in Greece does not bode well for a swift resolution to the name dispute with Macedonia, with the new technocrat administration—which now includes more hardline political parties—mainly focused on easing the country's debt crisis. This puts the initiative even more firmly on Skopje to propose a working compromise, something that we do not envisage in the foreseeable future. Indeed, Prime Minister Nikola Gruevski's nationalist rhetoric helped him win a comfortable re-election earlier this year, and he reacted with fierce criticism of the EU after it refrained from using the adjective "Macedonian" in its annual report on

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