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European Dialogue on Modernization: Last Chance to Reform Belarus?
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Belarusian President Alexander Lukashenka highlighted the need to modernise the Belarusian economy in his annual speech for the national Parliament on 8 May. These words coincide with a goal of the new EU project "Dialogue on Modernization for Belarus"....
1 May 2012
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Are There Any Oligarchs in Belarus?

On Monday, Switzerland joined the EU sanctions against Belarusian citizens and firms believed to support dictatorship. Most of these firms belong to Vladimir Peftiev. Belarusian and international media often portray him as having a significant role in the regime....

30 April 2012
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Belarus Economy: More Stable But Still Fragile

International agency Standard&Poors in April increased Belarus' credit rating from B- (negative) to B (stable). The agency i observed the signs of financial stabilisation in Belarus economy. Although inflation is still very high, it began to slow down, the...

27 April 2012
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Belarus Trapped Into Eurasian Integration

The Ambassadors of Poland, Lithuania and Sweden have returned to Minsk and their colleagues are on the way to the Belarusian capital. It seems that EU-Belarus relations have broken the deadlock, but they remain difficult and the EU has...

17 April 2012
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Belarus’ Magic Oil Economy

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...

6 April 2012
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Opinion: Does Russia Want EU Sanctions Against Belarus?

Yesterday Russia's Prime Minister Vladimir Putin talked with Alexander Lukashenka over the telephone. On the same day Lukashenka announced at a meeting with Belarusian foreign policy officials that he may release some of Belarus' political prisoners. The relation between these two...

2 April 2012
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Trade Wars with Russia: from Sugar to Airlines

Last Monday, flights between Minsk and Moscow suddenly stopped. Russia has recalled the licence for flights to Russia from Belavia, the Belarusian national airline. The Belarusian side responded by cancelling the licences of the Russian companies. A new trade...

16 March 2012
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Business Climate in Belarus: Pessimism Prevails

Belarusian government recently reaffirmed its desire to become a top-30 nation in the World Bank’s Doing Business Report. To assess how well local authorities across the country pursue this goal a number of Belarusian organisations organised a special competition –...

7 March 2012
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How Not to Be Cheated by Belarus Authorities

The incumbent Belarusian government has a long record of deceptive behaviour in its foreign relations. Both its major trading partners – Russia and the European Union – have more than once seen official Minsk let them down on its...

27 February 2012
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Belarus Hopes to Increase its Sovereign Credit Rating

On 21 February 2012 Belarusian finance minister Andrei Kharkovec announced Belarus' plan to restore its positions in international ratings which suffered following the recent economic crisis. The state news agency Belta also announced that the main Chinese rating agency Dagong will...

15 February 2012
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New Privatisation Plans: Belarusian Authorities Prefer Western Investors to Russian

On 20 January 2012, the authorities approved a new strategy to attract foreign direct investments. This document can be regarded as a new invitation for foreign business with advanced technologies to take part in privatization in Belarus. The authorities...

14 February 2012
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Minsk Struggles with The Coldest Days on Record

The frosty winter which is paralyzing many European capitals has hit Belarus hard. While public services work efficiently in the capital, many in various regions and the homeless suffer from the cold. In Minsk, the city administration has taken...

10 February 2012
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The Lie of Full Employment

The Belarusian government prides itself on having one of the lowest unemployment rates in the world. But the official statistics do not reflect the realities on the ground. The actual number of unemployed people is much higher than the...

9 February 2012
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PM Myasnikovich Reveals Collapse of Belarusian Agriculture

In 2011, Belarus lost more than a quarter of its cows. Prime Minister Mikhail Myasnikovich, revealed this sad fact a week ago. He was bluntly exposing his country's illusory economic successes at a meeting with his colleagues.  One of...

7 February 2012
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Russian Subsidies Are Not Enough: Belarus Seeks a New IMF Loan

Later this month Belarusian authorities plan to negotiate with the IMF a new $3.8bn loan to refinance its existing debt to the organization. With generous subsidies from Russia, the government managed to stabilize the situation in the Belarusian economy...

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