The Belarusian budget may lose 20 per cent of its annual revenues as a result of the increases of the price of Russian oil. The Russian-Belarusian economic relations are unique in history, but may not last forever.
According to a Belarusian economist Jarosław Romańczuk, a quick and open privatization is not to be expected in Belarus, as it is not in the interest of the authorities.
Belarus has been recently involved in an energy war with Russia. This conflict is not only about the prices, it’s also about equal treatment in the common market of the Eurasian Economic Community.
“Despite the problems, one cannot talk of Gazprom's bankruptcy,” believes Konstantin Simonov, a Russian energy expert. Jakub Biernat talks to him on the future of the largest Russian company.
One day of war in Ukraine may cost even up to 14 million euro, says Ukrainian economist, Oleksandr Zholud. In an exclusive interview Zholud talks about Ukrainian economy in difficult times.
The Belarusian authorities are tackling the crisis in their traditional way: by using administrative methods. The goal is to maintain stability until the presidential elections in autumn 2015.
William Browder, a grandson of the former General Secretary of the Communist Party USA, became one of the biggest foreign investors in Russia at the end of the 1990s. Mr. Browder, CEO of Hermitage Capital, who was initially an...