SKOPJE http://www.cheapmlbredsoxshop.com/Christian-Vazquez/ , June 30 (Xinhua) -- Macedonia's Special Prosecution's decision to file lawsuits against 94 officials has sparked strong reactions here, especially in the camp of the current opposition VMRO-DPMNE, local media reported Friday.

The accused included former and incumbent government officials and party leaders, such as VMRO-DPMNE leader and former prime minister Nikola Gruevski, and many former government ministers.

Gruevski said late Thursday that the accusations against him were a mere political attack.

Gruevski has been accused of misuse of public funds during the election campaign and threatening the right to vote http://www.cheapmlbredsoxshop.com/Pedro-Martinez/ , and many of the accused reportedly are likely to be imprisoned.

"VMRO-DPMNE has been attacked as never before in Macedonia. The aim is to break VMRO and weaken Macedonia, but they will not succeed," Gruevski told a press conference.

"Such classical political persecution has not occurred in the history of Macedonia, but also in Europe. Hundreds of individuals who are part of VMRO-DPMNE's bodies or their supporters are persecuted so that the party is destroyed or silenced," said Gruevski.

He said that Macedonia's Special Prosecution is at the service of the ruling party SDSM led by Prime Minister Zoran Zaev.

Hundreds of VMRO-DPMNE supporters protested Thursday night in front of the Criminal Court in Skopje http://www.cheapmlbredsoxshop.com/Bill-Lee/ , asking the court not to imprison Gruevski.

Macedonia's Special Prosecution announced Thursday that it had filed lawsuits against 94 officials over alleged abuse of institutional capacities by individuals and organized groups, abuse of office and violation of legal proceedings in public procurements.

The Special Prosecution said that they had solid evidence of serious abuses committed by these persons, including party leaders and incumbent and former government officials.

The wiretapping scandal came up in 2015 when then opposition leader and current Macedonian Prime Minister Zaev accused then prime minister Gruevski of wiretapping some 20,000 people, including politicians and journalists.

At that time http://www.cheapmlbredsoxshop.com/Carlton-Fisk/ , Zaev said the recordings revealed high-level corruption. The government led by Gruevski denied the accusations and in return filed charges against Zaev, accusing him of spying and attempting to destabilize the Balkan country.

High tensions arose and Gruevski stepped down, forming a caretaker government until the elections on Dec. 11, 2016.

A special prosecution was later set up to investigate the accusations.

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BEIJING, Jan. 8 (Xinhua) -- The credit balance of China's online lenders will see a notable decline in the first two quarters, weighed on by tightened regulation of Internet microloans, Morgan Stanley said in a report.

"We believe...a decline of 25 percent to 35 percent in the first half of 2018 during the height of regulatory scrutiny http://www.cheapmlbredsoxshop.com/Roger-Clemens/ ," the report said.

Chinese banking regulators have rolled out rules to clean up cash loans, or web-based micro lending, to rein in risks in the booming but loosely regulated market, with approval of online micro lenders halted and lending activities rigorously supervised.

The micro-lending market has seen explosive growth in recent years, as lending platforms offer easy cash loans to needy consumers. The report estimated total loan balances from online lenders could reach 2 trillion yuan (about 309 billion U.S. dollars) after an 800-billion-yuan increase in 2017.

But the industry's relentless growth and lack of regulation has left both lenders and borrowers unprotected http://www.cheapmlbredsoxshop.com/Fred-Lynn/ , with reports of defaults and malicious debt collection sprouting.

The report said exit of players due to non-compliance and stricter licensing will be spotted.

"In the long term, we think the number of qualified cash loan platforms could shrink to 300 to 400 firms over time, from more than 2,000 currently."

The market will also likely see tighter borrower selection, longer testing periods of new products http://www.cheapmlbredsoxshop.com/Carl-Yastrzemski/ , and stricter funding and leverage requirements for lenders.

"Even lenders that meet regulatory requirements will slow loan volume during the period," the report said. But the investment bank still expects some recovery in the second half.

China's policy makers emphasized the hardline stance on financial risk control at a tone-setting meeting last month. The regulation on online lending and other tech-enabled finance is expected to be a significant part of the new approach.

Huang Wei, assistant chairman of the China Securities Regulatory Commission, has said all fintech-powered deals should come under targeted supervision, adding there should also be room for healthy development in the sector.

The People's Bank of China has set up a fintech committee to enhance research http://www.cheapmlbredsoxshop.com/Johnny-Pesky/ , planning and supervision coordination in the field.

"As fintech sometimes evades supervision, it is important for regulators to guide the emerging sector to do its part for the real economy and risk control, which is also helpful to its long-term, stable development," said Richard Xu http://www.cheapmlbredsoxshop.com/Nomar-Garciaparra/ , an equity analyst with Morgan Stanley.

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