Two months of ongoing Belarusian protests demanding Lukashenka to step down continue with no sign of abating. For 8th Sunday in a row, as many as 100,000 people thronged the center of Minsk – police deployed water cannons and arrested some...
The breach of trust in the government since the disputed 9 August presidential election has already cost the Belarusian economy a lot. People are withdrawing deposits from banks, large manufacturing enterprises are going on strike, and IT companies are...
Since late 2016, Belarusian tax authorities have started sending out notifications to all unemployed Belarusians forcing them to reimburse the government for 'state expenditures.' In other words, the Belarusian state automatically assumes that all people not reported as working are...
On 7 September 2016 BEROC (Belarusian Economic Research and Outreach Center) held a seminar on private sector development in Belarus featuring presentations and debates from experts. Peter Arushanyants, Director of the Department of Entrepreneurship at the Ministry of Economy of...
On 22 August, the state-run news agency Belta reported that “based on the principle of humanism” the President of Belarus decided to pardon and release from prison former presidential candidate Mikalaj Statkevich and five other opposition figures. Lukashenka is trying...
Belarus became the primary beneficiary of the food embargo, which Russia imposed against Western nations in August 2014. In January – May 2015, Belarus supplied 916.4 thousand tons of embargoed products to Russia, a 53.5% increase over the same...
A labour strike at a major state-owned plant in June suggests that the current economic crisis will present serious political challenges to Belarus. Despite it being an election year, wages and pensions are not growing – a rare occurrence. Yet,...
Belarusians are really beginning to worry about their domestic state of economic affairs more than Ukraine as of late. This is the main result of a December 2014 poll from the Independent Institute of Socio-Economic and Political Studies (IISEPS) published in early...
Belarus's GDP growth managed to strengthen in November. But despite this, many signals about an upcoming downturn have appeared. The Russian economic contagion began to spread to Belarus through trade and informational channels. The government reacted by introducing a de-facto...
The new food war between Belarus and Russia may signal the end the Eurasian Economic Union. In early December Belarus and Russia unofficially resumed customs control on the border, which led to Belarus responding to a Russian imposed embargo...
Belarus displayed modest but stable growth during past couple of months. However, future prospects for growth remain uncertain, given the deteriorating economic situation in Russia along with the desire of the authorities to carry out several growth stimulating policies. Moreover, there...
The Belarusian economy received the brunt of the Western press' attention in October. Belarus is apparently looking to continue exporting sanctioned EU foodstuffs to Russia, while Russia is trying to stop it from entering the country. The IMF is...
Belarusian and foreign analysts examine Belarus' peace efforts, the role of oil in the Eurasian Economic Union, challenges of post-Soviet education and other topics. Belarus and the Eurasian Economic Union: Only about Oil? – The German Economic Team...
The National Bank continues to gradually reduce its refinancing rate. The latest reduction, which occurred in August 2014, may help make receiving financing for legal entities easier. And yet, despite their best intentions, these steps contribute to the accumulation of...
