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Macedonia Economy |
 | | Five years of continuous economic expansion in Macedonia was interrupted by the 2001 conflict, which led to a contraction of 4.5% in 2001, despite the government being able to hold inflation at a stable average 5.3%. |
 | | Macedonia was especially hurt by the Greek trade embargo, imposed in February 1994 in a dispute over the country's name, flag, and constitution, and by international trade sanctions against Serbia that were not suspended until a month after conclusion of the Dayton Accords. |
 | | At the beginning of 2001, Macedonia's economic situation appeared to be improving, with visible signs of increased activity and dynamism, but with the start of the ethnic Albanian insurgency in Macedonia, the country's solid macroeconomic performance in 2000 and the beginning of 2001 began to slide and remained substantially depressed in 2001. |
| www.multied.com /nationbynation/Macedonia/Economy.html (1746 words) |
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