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Analyses |
On 24 May, the Central Bank of Belarus devalued the rouble rate by up to 56% against a basket of currencies. This is the biggest devaluation in the history of independent Belarus, and was caused by the dramatic situation on the financial…
Analyses |
| Kamil Kłysiński
Fearing a weakening of the system, President Alyaksandr Lukashenka continues his policy of repression, which is leading to international self-isolation of Belarus; however, in the coming months, the growing financial crisis may force Minsk…
Analyses |
Some of the Belarusian opposition activists who were arrested after the post-election demonstration last 19 December have had the charges against them moderated, which significantly reduces the sentences they may face. The decision by the…
Analyses |
On 17 March, the head of the Belarusian Central Bank Piotr Prokopovich stated that the Belarusian government hopes to obtain US$1 billion of Russian credit in the first half of this year, and around US$2 billion from the Eurasian Economic…
Analyses |
| Kamil Kłysiński
By passing harsh sentences on opposition activists, President Alyaksandr Lukashenka has demonstrated his strength to the public and the nomenklatura, while at the same time sending a signal that the EU’s sanctions will not encourage Minsk…
Analyses |
On 28 February, one of the Belarusian opposition activists detained last December, Ales Mikhalevich, reported that during his weeks-long detention he was subjected to torture and was forced to cooperate with the KGB. Other detainees are…
Analyses |
On 17 February in a court in Minsk, the first sentence concerning the clashes during the opposition’s post-election demonstrations last 19 December was handed down. A member of Uladzimir Niaklajeu’s electoral staff, Vasil Parfienkou, was…
Analyses |
According to the Belarusian Central Bank, the level of foreign reserve assets decreased in January by US$700 million, and is currently at its lowest level since October 2009. This downward plunge threatens the stability of the state’s…
Analyses |
On 19 January, the Belarusian Ministry of Finance reported the issue of Euro-bonds with a value of US$800 million. The government has thus once again raised the level of Belarus’s external debt, which has been forced upon them by the need…
Analyses |
On 17 January, a Belarusian-Ukrainian agreement was signed in Kiev on the transit of crude oil via the Odessa-Brody pipeline to the Belarusian refinery in Mazyr. The agreement represents the end of the talks which started last autumn on…