Chronicle of crisis
The global financial crisis will have a more serious impact on Belarus than on other countries. The crisis is knocking out the crutches ineffective “Belarusian model” has been holding on. The bottom, our economy will be falling down to, may be deeper than in other countries if the economy isn’t liberalized, famous Belarusian economist Leanid Zlotnikau said.
16.03.2010
Lukashenka’s economy is bankrupt
20
8:40, — Economics
The gross external debt has reached 22 billion, with Belarus’s stability boundary being 19 billion, economists say.
12.03.2010
National Bank of Belarus hasn’t stuck to its word to IMF
9
14:04, — Economics
The National Bank of Belarus increased the number of sponsored agricultural enterprises from 11 to 14, thus violating the promise to the International Monetary Fund.
Bahdankevich: Banking system may collapse at any moment
33
10:13, — Economics
The former chief banker of Belarus criticised the credit policy conducted by the National Bank.
9.03.2010
Bahdankevich: if Belarus decides to abandon national currency, it should choose euro
23
15:14, — Economics
The former head of the National Bank is sure that Belarus should orient on the West, not on the East in prospect.
22.02.2010
Mass dismissals prepared at MAZ plant
65
9:33, — Economics
5,000 persons can be dismissed from Minsk Automobile Plant (MAZ).
11.02.2010
Belarusian enrteprises work for warehoused: view from space (Photo, video)
47
9:45, — Economics
Warehouses of Minsk Tractor Plant filled by hundreds or even thousands of unsold tractors
10.02.2010
Belarus’s GDP in dollars dropped by 19%
25
16:44, Zmitser Bandarenka — Economics
The authorities hide catastrophic decline in economy behind trillions of Belarusian rubles.
4.02.2010
Government budget lacks 200bn rubles in January
24
12:18, — Economics
The Ministry of Finance of Belarus has founded missing of large tax revenues in January.
29.01.2010
Mocking “minimum”
64
13:47, — society
The Ministry of Labour and Social Protection of Belarus issued a regulation establishing sizes of minimum consumer budget in average prices of December 2009.
26.01.2010
Demands for foreign currency far exceeds supply
65
12:50, — Economics
Demand for foreign currency far exceeds supply at the Belarusian Currency and Stock Exchange that is similar to the situation a year ago. Moreover, on January 26, the dollar repeated the record of last July.
21.01.2010
Belarus called “economically not free”
8
11:32, — Economics
Belarus took 150th position in the annual Index of Economic Freedom, released by The Heritage Foundation.
19.01.2010
Belarus’s foreign trade volumes show drastic decrease
17:04, — Economics
The volume of Belarus’s foreign trade with several countries significantly decreased in January–November 2009.
Belarusian journalists instructed to write “correct” articles about crisis
3
11:34, — Politics
Belynichy district executive committee is alarmed by the independent newspaper “Pahodnya” writes about problems with wage payments.
13.01.2010
Zalesski: “Regime fights with adverse balance with the help of mantras and magic words”
7
10:51, — Economics
Independent economists do not believe in forecasts of the government that adverse balance of foreign trade would be reduced, and say that it is to grow.
5.01.2010
Conflict with Russia as a way of obtaining credits
15
13:07, — Politics
Alyaksandr Lukashenka has signed a number of laws on ratification of agreements in the framework of the Customs Union, despite of the “oil war” with Russia.
Belarus ready to cut transit of electricity to Lithuania and Kaliningrad
11
8:56, — Economics
Belenergo is not satisfied with Russia’s intention to hold talks only after January 10.
4.01.2010
Belarusian businessmen do not believe in “liberalization” of economy
12
12:57, — Economics
Representatives of the Belarusian business are convinced that the authorities will give more promises but won’t change their attitude towards businessmen in 2010.
Belarusians reduced to indigence and do not trust government
37
12:35, — Economics
The economic crisis has become problem number one for most Belarusians. Mistrust to authorities is growing.
Reuters: Russia halts oil flow to Belarus
11:27, — Economics
Russia has halted supplies to Belarusian refineries after negotiations on oil export to Belarus, Reuters reports.
30.12.2009
Only Ethiopian birr is weaker than Belarusian ruble (Diagram)
19
11:29, — Economics
Over the year 2009 Belarusian ruble was devaluated against US dollar at almost 30% and become weaker in relation to many currencies.
29.12.2009
Every Belarusian owes $2000
42
11:12, — Economics
The general foreign debt of Belarus is to rise beyond 21 billion by the end of the year 2009.
Andrei Sannikov: “Bankruptcy of the regime became especially evident amid crisis”
12
10:09, — Politics
The authorities are working out a new national security system. The opposition thinks the securities measures are measures to protect the current regime.
28.12.2009
Russia delivers ultimatum on oil
54
14:01, — Politics
The Russian first vice premier warned the Belarusian authorities the country must pay for oil on European prices, if a contract with Russia is not signed until January 1.
Business: Nobody knows how deep the crisis is in Belarus
23
10:26, — Economics
The government hasn’t supported a number of market initiatives of the business. Businessmen state that the authorities cannot estimate the state of the economy realistically.
23.12.2009
Russia’s ambassador Surikov: “We’ll work not with opposition but with Lukashenka”
46
14:08, — Politics
Russian ambassador doesn’t like the anti-dictatorial mood of the Belarusian opposition.
2010 to become most difficult for Belarusian business
16
9:33, — Economics
Such a disappointing forecast has been made by the largest unions of businessmen of Belarus.
18.12.2009
Russia to increase gas prices for Belarus and not to allow earning on oil
22
15:05, — Economics
Russian vice premier Igor Sechin made a number of loud statements on Belarusian-Russian economic relations.
17.12.2009
National Bank admits: Foreign debt beats record
34
11:09, — Economics
As of October 1, the total foreign debt of Belarus amounted to $19,298,500,000.
8.12.2009
Lukashenka’s forecast of economic development is heart attack for factory directors
48
13:19, — Economics
The Belarusian leader has approved economic development forecast for 2010 is growth 11-13%, but this task is impossible.
3.12.2009
Talks in Moscow collapsed: gas price to increase for Belarus
24
9:48, — Politics
Russian monopolist Gazprom didn’t agree to preserve significant discounts for gas supplies to Belarus in 2010.





