Great Stone industrial park is the new great hope for the government Belarus. The country wants to position itself as a platform for high-tech export oriented and innovative manufacturing, on the fastest growing trade corridor in the world.
With tighter regulatory rules looming, life is not going to get any easier for the region’s banks.
Belarus has launched a mini-revolution that could be a “paradigm shift” in the way the country is run, analysts at Berlin Economics believe. But can this new five-year programme actually be implemented?
RZB and RBI said in May that they were examining a merger as a way of reinforcing their capital buffers in the face of tougher regulatory requirements following the global financial crisis.
The current energy dispute between Minsk and Moscow looks to have been triggered more by economic than by political reasons.
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