There are less than three months left until 2013, the year when Belarus will have to pay out $3.1bn of its external debt. Whether the government will manage to handle this challenge is still unclear. The Belarusian economy has not...
On 22 June Belarusian president asked PM Mikhail Miasnikovich to tackle inflation and ensure that the country’s average salary would reach $500 by the end of the year. In fact, it is not the right time to share oil...
Former Belarusian presidential candidate Andrei Sannikov and his main campaign aide Dzmitry Bandarenka have been released from prison on the eve of the Christian Orthodox Easter. It looks like the first step in the de-escalation of the worst EU-Belarus...
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...
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...
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...
Belarus' economy needs external financing more then ever before. The government resists privatization but it will have to surrender soon, even if the International Monetary Fund decides to extend another loan. Recently the Belarusian weekly Belorusski Rynok discussed the chances...
Yesterday the National Bank of Belarus allowed private banks to increase foreign currency exchange rates. Previously, all banks were limited by a very low ceiling. Now officially banks received full freedom to establish the rate. However, various sources suggest...
