Zapad shows the progress that has been made in rebuilding Russia’s military strength – and the extent to which Putin is relying on hype and hyperbole to make up for the rest.
The EBRD is considering the possible acquisition of a stake in Priorbank, a Belarusian subsidiary of Raiffeisen Bank International (RBI) and the leading commercial bank in the country and maybe the Moscow-Minsk bank as well.
Nato members Poland and the Baltic states fear Russia will use the "Zapad" exercise to boost its military presence in the Kaliningrad region and possibly in Belarus.
The European Bank for Reconstruction and Development (EBRD) will lend €50m to Belinvestbank to replenish its capital and move it towards an eventual privatisation, EBRD President Suma Chakrabarti told journalists on August 13.
The National Bank of Belarus (NBB) cut its key rates to 11.5% on August 13, the seventh cut in a row, as the regulator continues its easing policy.
Residents set Belarus-China industrial park Great Stone will invest $700m into new projects, Belarus Deputy Prime Minister Anatoly Kalinin said in a meeting with his Chinese partners