Energy & Industry Finance: North Macedonia’s state power utility ESM signed a $2.4m World Bank grant to fund preparatory work for the REK Bitola 1 cogeneration plant and expansion of the Bitola district heating network, aiming to modernise the lignite complex and improve heat supply. Housing & Cost of Living: Eurostat data shows average rents for a two-room flat in 40 European cities range from €470 in Skopje to €3,350 in Geneva, underlining how local housing supply and demand drive big differences across Europe. EU Integration & Policy Pressure: The European Parliament approved North Macedonia’s 2025 progress report while warning about the “Serbian World” and reiterating constitutional and historical-issues conditions tied to Bulgaria, including calls to deliver “clear and tangible results.” Local Economy & Manufacturing: A report highlights Ohrid’s tourism pressure alongside industrial momentum, pointing to the Kostal plant near the city producing EV components and mechatronics for major global carmakers. Environment & Land Use: Calls are growing to protect the Ohrid region as uncontrolled construction and tourism strain risk pushing Lake Ohrid toward UNESCO’s “in danger” list. Business & Markets: The National Bank of North Macedonia raised its key interest rate to 4.25% citing persistent inflation pressures, geopolitical uncertainty, and strong credit growth.