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Waiting for a Miracle: Digest of Belarus Economy
On 28 March 2016 the Council of the Eurasian Fund for Stabilisation and Development (EFSD) approved the provision of a new loan to Belarus.
In the meantime, the export and real estate market established new numbers of their record fall,...
13 November 2015
Why Belarusians Cannot Afford Housing in Belarus
In 2015, prices for Belarusian apartments fell by about a quarter. Yet few Belarusians can afford to purchase an apartment even at this cheaper price. Interest rates are incredibly high, reaching 30-35% per annum. Banks also impose loan requirements...
14 March 2013
Minsk Hopes to Become Las Vegas for Russians
The Russian government severely restricted gambling in Russia in 2009, and the Belarusian authorities quickly spotted an opportunity. Gambling supplemented by other services became a source of high profit for local authorities and businesses, which are often the same in Belarus....
