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Privatization: one step forward, two steps back – digest of the Belarus economy
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On 4 May 2017 Belarusian president Alexander Lukashenka declared that Belarus plans to gain approximately $50bn in exports off goods produced in the Great Stone industrial park. Meanwhile, on 3 April 2017, Moscow and Minsk resolved all their disputes in...
3 January 2017
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Under pressure from Eurasian Economic Integration – digest of the Belarusian economy

As of 26 December 2016, the oil and gas dispute between Belarus and Russia remains unresolved. Moreover, Russia persistently rejects any tradeoffs: this deprives Belarus of a substantial part its foreign exchange earnings from petroleum product sales, thus aggravating the...

2 November 2016
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Autumn of tough economic decisions – digest of the Belarusian economy

On 17 October 2016, new macroeconomic data from Belstat, Belarus's national statistical committee, indicated that this year's economic decline seems to have finally halted. The GDP stopped falling and foreign trade saw a slight revival. However, on 21 September the...

25 March 2016
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Milking Oligarchs, Political Modernisation, MSQRD – State Press Digest

Economic difficulties push Belarusian authorities to extraordinary ways of gathering revenues. They continue arrests of top businessmen, regardless of their position in Lukashenka's apparatus, on tax evasion charges, allegedly waiting for a big payoff. In domestic politics, the authorities try...

1 February 2016
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Belarus Struggles to Reduce Energy Dependence on Russia

At the end of 2015 Belarus published a new energy security concept according to which it remains a country with a critical level of energy dependence. 90 per cent of Belarusian energy imports come from a single supplier – Russia....

1 January 2014
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Celebrating the New Year’s Eve in Belarus: The Russians are Coming

Traditionally, Belarusians celebrated Christmas as a part of Kaliady – a two week long pagan holiday of winter solstice. However, today most Belarusians celebrate New Year's Eve as their main winter holiday. This tradition comes from Soviet times, when communists rejected...

6 December 2013
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Chinese Electrical Outlet, or How Chinese Help Belarusians to Solve Energy Deficit?

While all eyes focus on Ukraine deeply stuck at crossroads choosing a proper direction, Eastern and Western donors zealously compete in Belarusian energy sector. In early November, the World Bank offered a $90m loan for the reconstruction of several Belarusian...