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Topic: Economics

23.07.2014

Minsk left without EurAsEC loans sixth tranche 8

11:45, Economics

Minsk left without EurAsEC loans sixth tranche

Belarusian authorities did not meet the conditions for its allocation.

22.07.2014

Lukashenka backs oligarch Topuzidis new business 11

15:54, Economics

Lukashenka backs oligarch Topuzidis new business

The dictator supported proposals of Pavel Topuzidis, Chairman of Board of directors of Tabak Invest limited liability company, on development of a retail chain in Belarus.

Nadzezhda Yermakova: No cheap home loans 39

14:16, Economics

Nadzezhda Yermakova: No cheap home loans

Interest rates on home loans will not be lower than 30%.

21.07.2014

Barys Zhaliba: Belarus will bear burden of problems created by Putin 4

17:08, Economics

Barys Zhaliba: Belarus will bear burden of problems created by Putin

The key indicators of Belarus's economy will be worsening.

Lukashenka does not understand why Belarusians do not sell foreign currency  ? 38

14:23, Economics

Lukashenka does not understand why Belarusians do not sell foreign currency

The dictator told Prime Minister to improve some issues in economy.

17.07.2014

New US sanctions against Russia to hit Belarusian economy  ? 25

15:10, Economics

New US sanctions against Russia to hit Belarusian economy

New sanctions against the Kremlin will affect Belarusian subsidiaries of Russian banks and the whole economy of Belarus.

Russian stock indices drop as USA escalates sanctions  ? 35

10:23, Economics

Russian stock indices drop as USA escalates sanctions

The trades on Russian stock exchanges opened with a 3-3.6% drop of main indices.

16.07.2014

Belarusian breweries: We stop working with Ukraine completely 19

16:34, Economics

Belarusian breweries: We stop working with Ukraine completely

Belarusian beer manufacturers will have lost almost 500,000 dollars by the end of the year.

Barys Zhaliba: Ukraine makes Lukashenka lose tens of millions of dollars 15

13:09, Economics

Barys Zhaliba: Ukraine makes Lukashenka lose tens of millions of dollars

Minsk will lose much money due to special duties imposed on Belarusian goods by Kyiv.

Ukraine imposes special duties on Belarusian goods  ? 80

11:28, Economics

Ukraine imposes special duties on Belarusian goods

Ukraine has introduced special duties on Belarusian dairy products, confectionery and beer.

15.07.2014

Leanid Zaika: By prices for meat government tries Belarusians patience 26

14:31, Economics

Leanid Zaika: By prices for meat government tries Belarusians patience

Lukashenka wont succeed in selling loss-making collective farms.

Belarus alcohol deliveries to Ukraine grew eightfold 14

14:14, Economics

Belarus alcohol deliveries to Ukraine grew eightfold

In January May 2014 Belarus increased export of strong alcoholic beverages to Ukraine to 8 times.

Gomselmash to become holding company 5

8:54, Economics

Gomselmash to become holding company

OAO Gomselmash will be transformed into a holding company incorporating five other enterprises.

11.07.2014

72 companies owe wages to employees 13

11:28, Economics

72 companies owe wages to employees

Many Belarusian companies owe wages to their employees.

10.07.2014

Belarusian banks stop accepting hryvnia 35

17:56, Economics

Belarusian banks stop accepting hryvnia

Banks suspend accepting Ukrainian currency in cash.

9.07.2014

Authorities choose not to impose wealth tax 24

14:04, Economics

Authorities choose not to impose wealth tax

There are no plans to return progressive taxation in Belarus.

Leanid Zaika: Fuel price growth is how government care about person

13:47, Economics

Leanid Zaika: Fuel price growth is how government care about person

Fuel prices should fall instead of rising due to cheap Russian oil.

Tax inspection wont rest over ones living beyond their means  ? 79

13:44, Economics

Tax inspection wont rest over ones living beyond their means

The authorities will strengthen control over foreign currency purchases and will fight salaries in envelopes.

8.07.2014

What Belarusian depositors should expect in near future? 9

14:55, Economics

What Belarusian depositors should expect in near future?

Experts believe that the creeping devaluation is to continue, and the authorities will try to hold citizens deposits in banks.

Belarusians go on buying up foreign currency  ? 24

13:48, Economics

Belarusians go on buying up foreign currency

Since the beginning of the year the population has bought on net basis $239 mln.

Diesel fuel and petrol prices go up in Belarus  ? 106

0:12, Economics

Diesel fuel and petrol prices go up in Belarus

Diesel fuel will cost 10,300 Belarusian rubles, AI-92 and AI-95 petrol will cost 9,300 and 10,000 rubles respectively from July 8.

7.07.2014

Lukashenkas economy ate away almost $1 bn in one month  ? 67

15:53, Economics

Lukashenkas economy ate away almost $1 bn in one month

The gold and currency reserve of Belarus not including the bridge loan of the VTB have shrunk by $967 mln.

2.07.2014

Prakapovich: Discipline first 71

15:46, Economics

Prakapovich: Discipline first

The secret of prosperous countries lies in discipline, Vice Premiere of Belarus believes.

Belarus restricts potato imports from Ukraine 25

15:13, Economics

Belarus restricts potato imports from Ukraine

The restrictions have been imposed in the wake of Russia.

1.07.2014

Myasnikovich talks of currency stability again 18

19:54, Economics

Myasnikovich talks of currency stability again

According to the Prime Minister, in the near future rates of interest at the market are to return to normal values.

Vodka rises in price  ? 40

10:22, Economics

Vodka rises in price

A bottle of vodka must cost not lower than 53,000 rubles from July 1.

Tons of contraband cigarettes go from Belarus to Lithuania 5

8:26, Economics

Tons of contraband cigarettes go from Belarus to Lithuania

Lithuanias illegal tobacco market is largest in Europe.

27.06.2014

VTB Bank provides $2bn bridge loan to Belarus

14:16, Economics

VTB Bank provides $2bn bridge loan to Belarus

Russian bank VTB gave Belarus the promised bridge loan of $2 billion for the country's gold and foreign currency reserves.

Leu Marholin: Government-initiated modernisation doomed to failure 14

9:42, Economics

Leu Marholin: Government-initiated modernisation doomed to failure

Modernisation is doomed to failure if it is carried out by state officials.

26.06.2014

Prakapovich: Conditions for imports in Belarus should be toughened  ? 81

7:43, Economics

Prakapovich: Conditions for imports in Belarus should be toughened

The vice-Prime Minister believes that imported goods are in a preferred position.

25.06.2014

Myasnikovich admitted failure of flax factories modernization 22

17:32, Economics

Myasnikovich admitted failure of flax factories modernization

The Prime Minister of Belarus slammed the work on reconstruction and modernization of flax-processing plants.

Belarus to restrict trade with Ukraine selectively 8

14:57, Economics

Belarus to restrict trade with Ukraine selectively

After Ukraines signing the economic part of the Association Agreement with the EU, Belarus is to adopt a decision on imposing protective measures against Ukrainian goods independently.

Prakapovich offers excuses for formula 85% 25

11:13, Economics

Prakapovich offers excuses for formula 85%

The ratio of Belarusian to imported goods in retail sector of 85% to 15% is not a norm, but a recommendation, the deputy prime minister says.

New trade war within Customs Union  ? 27

8:37, Economics

New trade war within Customs Union

Belarus is going to restrict household appliances imports from Russia.

23.06.2014

Naftogaz to hold talks on increase in gas supplies from Europe 2

15:00, Economics

Naftogaz to hold talks on increase in gas supplies from Europe

Naftogaz to hold talks on June 25 on joint GTS management and increase in gas supplies from Europe.

Authorities budge on special importers 33

10:35, Economics

Authorities budge on special importers

The Ministry of Industry has backpedaled.

20.06.2014

Stock reserve has grown by one third 7

14:27, Economics

Stock reserve has grown by one third

In Belarus stocks of finished products have reached Br36.190 trillion as of June 1, 2014.

Belarusian business expects devaluation 2

9:45, Economics

Belarusian business expects devaluation

Devaluation sentiment has grown among Belarusian businesses.

Barys Zhaliba: Economy is Lukashenkas number one enemy 13

8:45, Economics

Barys Zhaliba: Economy is Lukashenkas number one enemy

Unless the situation in economy gets improved, the countrys government will be dismissed.

19.06.2014

Leanid Zlotnikau: Belarus is close to default 10

14:10, Economics

Leanid Zlotnikau: Belarus is close to default

The authorities spend new loans on paying the old ones.

18.06.2014

Ministry of Finance explains budget deficit with potash war 1

13:39, Economics

Ministry of Finance explains budget deficit with potash war

The reason for the budget deficit in 2013 was the potash war, in particular, the measures taken by the Belarusian authorities to support Belaruskali.

The Finance Ministry of Belarus wants to get a new loan from VTB Bank 25

13:00, Economics

The Finance Ministry of Belarus wants to get a new loan from VTB Bank

The Finance Ministry of Belarus and VTB Bank are in talks about a bridge loan of up to $2 billion.

Leanid Zaika: Belarusian economy has no sores it is seriously ill 18

12:16, Economics

Leanid Zaika: Belarusian economy has no sores  it is seriously ill

An economic breakthrough is unlikely to happen in the near future.

          


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Exchange Rates of the National Bank

23.07.1424.07.14
EUR13890,0013850,00
USD10280,0010290,00
RUB293,00296,00

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