June 7, 2017 / 12:42 PM / a year ago

BRIEF-‍Fitch: Macedonia makes political progress, but risks persist​

* Macedonia makes political progress, but risks persist​

* Fitch says ‍formation of a new government in Macedonia concludes a prolonged political hiatus but does not eliminate political risk in country​

* Fitch on Macedonia- ‍new government faces challenges in restoring political stability, public confidence in political system, in realigning policy in preferred direction ​

* Fitch on Macedonia- ‍lengthy political crisis appears to have taken its toll on economy through weaker business and consumer sentiment​

* Fitch on Macedonia- ‍we have significantly revised down our real gdp growth forecast for 2017, to 2.6% from 3.4% ​

* Fitch on Macedonia- ‍may be difficult for SDSM-led government to enact its policies, which include economic reforms and kick-starting moves to join EU and NATO​ Source text for Eikon: Further company coverage: [ ]

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