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Business and Politics in Belarus: Better not to Mix
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Chief Executive of OAO Uralkali Vladislav Baumgertner, a Russian national, was detained in Belarus today on an abuse of office charge as chairman of Belarusian Potash Co (BPC). The charge may lead to up to ten years in prison with...
20 August 2013
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Belaruskali: A Victim of the Latest Russia-Belarus Economic War?

On 19 August, CEO of Belaruskali, the valuable Belarusian company, Valery Kiryjenka held a press conference on the situation in the global potash market. Kiryjenka criticised Uralkali and hinted that Uralkali keeps trying to make...

9 August 2013
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Belarusian Foreign Policy: Between Tehran and Tel-Aviv

Belarusians have a special attitude towards Israel. In the only world's country where Yiddish was ever a state language, almost every family – even of non-Jewish origin – has either relatives, friends or acquaintances there. It is...

29 July 2013
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Belarusian Economy in Summer: Threats for Doing Business

Events that unfolded in June brought about new challenges for the development of the business environment in Belarus. Possible changes to the law on privatisation will impact the attractiveness of state assets and raise concerns regarding the level of property...

8 July 2013
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Eurasian Economic Community: Belarus May Be Getting a Raw Deal

Recently, an association of SMEs in Belarus declared a one-day symbolic strike. They responded to what they view as the stifling business climate established as a result of Beluras' integration project with the Moscow-led Eurasian Economic Community.Other factors also indicate...

3 July 2013
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Belarusian Economy: New Threats to Macroeconomic Stability

In the first half of 2013, a deteriorating external environment became the core reason for a downturn in GDP growth. Despite the government implemented expansionary policy to spur growth in the GDP, the domestic demand could not fully compensate...

14 June 2013
Analytical Paper: Optimising EHU’s Impact on Belarus

The European Humanities University (EHU) was forced into exile in 2004 when the Belarusian authorities withdrew its licence. This followed the EHU’s refusal to acquiesce to government pressure to change its leadership. The exiled University found its new home...

30 May 2013
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How Belarus’ Bad Image Affects German Investments

The German-Belarusian trade balance reached an all-time high in 2012. However, many German experts regret that it stays far below its full potential - primarily because of bad image of Belarus as well as unfavourable investment conditions. German institutions...

27 May 2013
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Belarus Exports to the EU Sharply Decline

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...

23 May 2013
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Belarusian Economy in May: Are We in Recession Yet?

Despite the united efforts of the government and the National Bank, the economy is growing very slowly. Belarus remains an economic wonderland.But if several years ago the growth rates were miraculous, today the miracle is the absence of growth under the...

16 May 2013
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Ecomedservice: War Against Private Health Care in Belarus?

On 23 April 2013 Belarus witnessed a terrible death. 25-year old Yulia Kubareva passed away after undergoing an unfortunate nose reconstruction surgery at Ecomedservice — one of the largest private medical centres in Belarus. By now, almost every Belarusian knows about the accident, and...

9 May 2013
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Young Fashion Labels from Belarus – a New Export Hit?

At the end of April, the 6th Belarus Fashion Week took place in Minsk. It may come as a surprise that there is a fashion industry in Belarus, and in fact, this is one of the good news from...

6 May 2013
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Painful Lessons of Eurasian Integration

On 25 April 2013 Tatsiana Matoryna, Director of the Brest Stocking Plant — one of the largest apparel industry companies in the former Soviet Union— blamed sharp decreases in the plant’s sales on Belarus’ economic integration with Russia and...

30 April 2013
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Belarusian Economy in April: GDP Growth, Privatisation and Monetary Policy

This April economic growth in Belarus was nearly at the level of last year's, which still remains significantly below the official forecast. The financial sector showed certain stability but the situation with attracting foreign capital and the nation's privatisation prospects...

24 April 2013
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Who Invests In Belarus?

On 17 April 2013 Standard and Poor's upgraded its outlook on Belarus sovereign rating from stable to positive.  According to the agency, strengthening economic stability was brought  on by tightened monetary and fiscal policies.  The beneficial change means more than a...