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.
24.03.2011
«Business New Europe»: Belarus devaluation a step closer
55
3:18, Tim Gosling, «Business New Europe» — Economics
Belarus is teetering ever closer to running out of foreign currency reserves as the current account deficit balloons, with analysts saying that the rapidly deteriorating economic situation makes a currency devaluation increasingly likely.
16.02.2011
Mass reduction at MAZ: 4.5 thousand workers laid off
101
12:46, — Politics
“MAZ is on verge of bankruptcy,” Belarus high authorities acknowledge.
8.02.2011
Belarus’s gold and foreign currency reserves down 13.7% in past month
37
1:15, — Economics
Gold and foreign currency reserves of Belarus fell by 13.7% only in the past month.
16.12.2010
Russian Prime Minister added up losses due to gas deliveries to Belarus
18
15:26, — Economics
Every year Russia receives $3 billion less than it is due because of duty-free gas deliveries to Belarus.
15.12.2010
Belarus external debt increases as a snowball
12
17:25, — Economics
Belarus gross external debt as of October 1, 2010 amounted to $25 593,3 billion.
13.12.2010
Belarus asks Iran to support the ruble
16
11:13, — Economics
Decrease in currency reserves of Belarus can make devaluation of Belarusian ruble inevitable, analysts believe.
10.12.2010
Trade unions demand annulment of “Belaruskali” privatization
13
13:43, — Economics
Funding of one of the leading enterprises in the country was arranged with violations of the Constitution and the Civil Code.
9.12.2010
100 per cent of duty put on oil products for Belarus, gas rises in price
153
16:37, — Economics
Belarus will pay 100% of export duties for oil products after ratification of documents on the Single Economic State.
8.12.2010
Zlotnikau: Belarus needs to borrow $1 billion a month
10
9:01, — Economics
And if the sources of external borrowings run low, Belarus living standards will decrease immediately.
3.12.2010
Moody’s: Bank system in Belarus can collapse any time
17
10:09, — Economics
Belarusian bank system gives independent experts rise to concern.
1.12.2010
Record growth in negative balance of foreign goods trade
30
12:04, — Economics
According to the results of the past 10 months, foreign goods trade negative balance reached $6932,5 mln.
26.11.2010
Belarus and Latvia have a row over oil
20
10:23, — Economics
Belneftekhim accused LatRosTrans of economic damage caused by oil discharge from the northern branch of “Druzhba” pipeline.
24.11.2010
Belarusians were driven into the debt trap: everyone owes about $ 2,5 thousand
31
9:50, — Economics
The debt of Belarus has grown by more than 10 times less than for 10 years.
19.11.2010
Belarus rolling down in debt pit
9
12:24, — Economics
The credit debt of industrial enterprises grew by one third.
18.11.2010
Dollar already costs 3100 rubles in Belarusian exchange offices
27
14:59, — Economics
The selling rate of cash U.S. dollar has significantly increased in bank currency exchange offices.
16.11.2010
Bahdankevich: Devaluation has already started in the country
19
9:15, — Economics
The situation in the financial market of Belarus reminds the situation before January 2, 2009.
12.11.2010
Lukashenka has warned about devaluation
66
15:15, — Economics
On the eve of the devaluation in 2009, the Belarusian governor promised the same thing.
11.11.2010
Economists: Real wages in Belarus has not grown, but even decreased
14
11:02, — Economics
Even if dollar won’t grow, the real wages would come down anyway.
Ministry of Finance intends to place government bonds in Hong Kong or Singapore
11
9:49, — Economics
The Finance Minister of Belarus Andrei Kharkavets, the Economy Minister Mikalai Snapkou, the First Deputy Head of the National Bank Yury Alymau are sent on business trips to the Asian finance centers.
9.11.2010
National Bank of Belarus started ruble weakening?
4
9:25, — Economics
The exchange rate of the Belarusian ruble fell last week against all main foreign currencies on the Belarusian Currency and Stock Exchange.
8.11.2010
Belarusian authorities Austrian investors caught trap in the same office in Vienna
19
12:56, — Economics
The authorities continue to “modernize” the economy actively by investments to sports and entertainment centres.
Is the National Bank of Belarus preparing denomination?
43
8:29, — Economics
Bank cashiers are complaining that one is limiting the turnover of banknotes of 10 and 20 Rubles.
5.11.2010
Too much money printed in Belarus
22
9:39, — Economics
The macroeconomic policy of Belarus has deteriorated and become an expansive one, as stated by experts at the Minsk Forum.
4.11.2010
Belarus is a global leader in tax burden
27
11:12, — Economics
Belarus took the last 183 place in terms of tax burden in the research of IFC and World Bank “Doing Business-2011”.
Yuri Dankov: “Where have you been? People have gone to jail”
30
10:11, — Economics
A well-known Belarusian businessman has told about conditions for doing business in Belarus.
2.11.2010
Waiting for devaluation: Belarusians rush to buy foreign currency
42
10:21, — Economics
The data for June-September demonstrate that more foreign currency has been sold to the population than bought.
“Gazprom” is getting ready for “the worst» in the relationship with Belarusian authorities
20
9:06, — Economics
In “Gazprom” do not exclude difficulties at the negotiations on the new contract with Belarus.
1.11.2010
For 9 months Belarus has traded at minus $6 billion
25
13:40, — Economics
Negative balance of foreign trade of commodities is growing in unprecedented tempo.
22.10.2010
Zaika: People purchase dollars to preserve their incomes
41
16:30, — Economics
Deficit of cash currency is sharply felt in Belarusian regions.
21.10.2010
Currency panic starts in regions of Belarus
39
16:12, — Economics
It is a problem to buy dollars in bank branches in the regions. All currency is bought out immediately.







