According to the latest data provided by the Belarusian Statistics Committee, the goods turnover between Belarus and the EU has fallen by 26% this year. The loss primarily results from Belarusian scheme of selling oil disguised as solvents, which Russia stopped back in 2012. Today, the Belarusian economy suffers...
On December 19 summits of the CSTO, the Eurasian Economic Community and the Customs Union will take place in Moscow. The agreement on oil supplies in 2013 is expected to be concluded during negotiations in Moscow between Lukashenko and Putin at the end of...
The release of Belarusian political prisoners Siarhiej Kavalienka and Paval Syramalotau in late September does not mean that everyone should expect a quick release of all other prisoners of conscience. The authorities stepped up pressure on Ales Bialiacki, Zmicier Dashkievich and...
Despite the proclaimed common Russia-Belarus way to prosperity within the Customs Union, neither country is ready to sacrifice individual economic interests for this cooperation. On 24 July Russia stopped railway deliveries of straight-run gasoline – the main raw material...
The Belarusian Statistics Agency reported about a fantastic growth of exports in January-February 2012. Compared to the same period last year, the country’s exports grew by impressive 62,5%. The official propaganda trumpeted that Belarus has successfully overcome all the economic troubles...
While Moscow has confirmed that those on the Belarus authorities' exit ban list will be unable to leave Russia either, official Minsk started to show willingness to release prisoners. It was also hinted that Belarusian Ambassadors to Brussels and...
In 2009-2010 the Russian government refused several times to transfer loans to Belarus when it failed to fulfill certain conditions. Then Putin insisted on the sales of Belarusian industrial enterprises to Russian companies. The Minister of Finance of Russia...
November and December events clearly show that Russia's policies towards Belarus are dictated primarily not by economic considerations but political. Russia is willing to spend billions of dollars in subsidies to keep the status quo in Belarus. The European...
Belarusian analysts discuss the reasons for decline in the "silent revolution" and the future effects of the deepening economic crisis in Belarus. Most analysts agree that Belarus economic and political system will undergo a stress test this autumn, which...
