Skopje, 24th September 2014 (MIA) – Financial zones in Macedonia will be established upon the example of Luxembourg ad they will have positive effects on the economic growth, Deputy Prime Minister and Minister of Finance Zoran Stavreski said.

In addition to GDP growth, jobs for persons with appropriate education in the field of economy, law, accounting, provision of services to employees, and similar, are also expected to be created. As for Luxembourg, 25% of GDP arises from such financial services, and more than 3,840 Investment Funds were registered and 44,000 jobs were created, Stavreski said.

He stressed that Luxembourg was becoming expensive, thus being a chance for the Republic of Macedonia.

Zone in Macedonia will be established by law proposed by the Government and adopted by the Parliament.

– Thus, we will provide for both establishment of another job creation center and attraction of foreign capital, which will establish the Republic of Macedonia at appropriate position on the financial map in Europe and worldwide, Stavreski said in a statement for Radio Slobodna Makedonija.  

Also available in: Macedonian

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