Economy - EuroBelarus

Levy on purchasing foreign currency at the exchange is decreased to 10%

Starting from January 5 the fee on purchases of foreign exchange by individuals and legal entities is reduced from 20 to 10 percent. 06.01.2015 | 07:32

Point of view: The newest President Decree is the latest step in crackdown on employees's rights

The decree has authorised massive government interference in the internal economic functioning of private businesses, primarily concerning issues of hiring and firing staff. 03.01.2015 | 09:47

Vital Marhelau: It’d be better to admit that we have devaluation than to continue living in agony

Co-Chair of the Republican Confederation of Entrepreneurship assumes that it is better to admit devaluation and start living anew than to agonize and still go through it later with bigger losses. 31.12.2014 | 09:36

Siarhei Balykin: Someone will go bankrupt, and someone will work on gray market and get sanctions

A 30% levy on purchasing currency made Belarusan businessmen freeze in anticipation. The only business that functions today is retailing, as it sells goods that were already imported to the country. 28.12.2014 | 09:26

Sergei Lavrov: If we switch trade with Belarus into euros and dollars, it won’t be effective

Russian Foreign Minister believes that the payments in dollars and euros will be unprofitable for the Belarusian side. 27.12.2014 | 11:20

Opinion: The adopted budget reveals the authorities' skepticism re economic growth

At the same time it also revealed Lukashenka’s plan for election year - try to maintain the current GDP level and nothing more, writes Ryhor Astapenia. 26.12.2014 | 11:45

Business communities appealed to authorities with an open letter re 30% levy on purchasing currency

Leaders of business-community in Belarus appealed to the management of the country “due to aggravation of economic situation of transactors caused by external factors”. 25.12.2014 | 09:11

Zmicier Kruk: A 30% levy on purchasing foreign currency will never bring any effect

Let us recall that a temporary 30% levy on purchasing foreign currency has been enforced in Belarus on December 19. This measure is commonly regarded as a disguised devaluation. 22.12.2014 | 07:08

Stanislau Bahdankevich: Belarus’ draft budget for 2015 is not a development budget

The state budget for 2015 is a special one: this is the period of president elections. However, this time external economic conditions don’t allow the authorities to openly buy votes. 11.12.2014 | 09:27

Lukashenka: We are not puppies to be pulled by the scruff of our necks

The restriction of Belarusan export to Russia is seriously worrying the Belarusan authorities. 28.11.2014 | 12:08

Belarusan Economy Digest: revolving around Russia

The chief economic events for October in Belarus include ratification of the EEU, continued fighting over re-export of banned European food to Russia, and an argument over Russia’s oil tax maneuver. 07.11.2014 | 10:53

Belarus may introduce forced labour to fight vagrancy

On 20 October the government announced a plan to introduce punishment for sponging, or vagrancy. It was practiced in Soviet times and it may return to Belarus again. 04.11.2014 | 08:10

Point of view: Belarusan economy cannot withstand further growth in salaries

Lack of Belarusan exports’ variety makes wage growth impossible due to problems with sales in Russia. Moreover, Belarus’ economic authorities are no longer obliged to prove economy’s social successes. 30.10.2014 | 11:36

IMF: Belarus shouldn’t raise salaries in the current year

To contain inflation in Belarus and reduce external imbalances in Belarus subsidised lending is to be sharply curtailed and salaries in the remaining period of the current year shouldn’t be raised. 29.10.2014 | 09:26

Stanislau Bahdankevich: It is Ermakova, not Miasnikovich who should deal with currency operations

Either Miasnikovich makes statements as an independent politician, which is hard to believe, or he didn’t quite understand what he said regarding unification of Russia’s and Belarus’ payment systems. 27.10.2014 | 08:02

Aliaksandr Jarashuk: To make vagrants work, USSR has to be brought back to Belarus

With official unemployment level at 22 thousand people, Belarusan authorities are aiming at introducing some 4 hundred thousand people to the official labor. But what for? 23.10.2014 | 09:38

Russia is to limit import of vegetables and fruits from Belarus starting from October 20

Rosselhoznadzor informed Minselhozprod that starting from October 20 limitations on import of plant products from Belarus are introduced. The decision is made after several warnings about re-export. 15.10.2014 | 08:15

Stanislau Bahdankevich: The Treaty on the EEU is one more step heading towards loss of sovereignty

On October 10 a big convention of CIS’ and EEU’s leaders took place in Minsk. What Belarusans are to expect from new integration pretensions? 13.10.2014 | 08:36

Heorhy Hryts: Who said that blackmailing at the state level doesn’t work?

If Russia doesn’t make good on its promise to quit WTO, it will have to raise energy prices to their level for the West. Thus, Belarus will have this source of revenues for 2-3 more years. 09.10.2014 | 09:53

Belarus Agriculture Minister: In January-August farming companies lost almost $160 million

It happened due to the devalued Russian currency, Belarusian Agriculture and Food Minister Leanid Zajats said. 08.10.2014 | 09:46

Vice PMs of Belarus and Poland met in Brest

The work of the XVIII Belarusian-Polish economic forum Neighborhood 2014 ended on October 2 in Brest. 04.10.2014 | 08:31

The first real estate project financed by the EBRD opened in Belarus

Located within the Minsk High Technology Park, the new office complex demonstrates unusual for Belarus energy-efficiency. 03.10.2014 | 10:13

Official Minsk counts on cooperation with the West without the need to change political situation

Belarus’ authorities seek to expand cooperation with the EU and the US as well as to get aid from international financial institutions so that to reduce the growing financial dependence on Kremlin. 01.10.2014 | 10:39

Opinion: Belarus seeks to make money on Russia-West tensions, using Russia's weakness to its benefit

For Lukashenka, the Eurasian Union does not present itself as a union of values, but rather a means of extracting as many economic benefits as possible to support his regime, writes Vadzim Smok. 30.09.2014 | 11:28

Opinion: The West should support mass media and NGOs in small towns to make local reforms possible

Proper local elections should be a long-term goal, even if for now it sounds unreal. To make it real local anti-corruption activists, independent media and grassroots initiatives need serious support. 27.09.2014 | 10:08

Special Project:

Other news section «Economy»

Opinions

News

Special Project

Researches and studies

About us in media

Point of view

Partners

EuroBelarus:

Sections:

Topics:

Thematic blocks: