Recently, the Belarusian government announced a reorientation of the economy, including the diversification of foreign markets and their expansion. The development of the state’s infrastructure and the expansion of the foreign market have greatly contributed […]
There is growth, but it is temporary. What is happening to the Belarusian economy
Growth in the Belarusian economy in 2021 is a temporary consequence of export growth and post-crisis recovery. Sanctions and the political crisis will lead to a decline in economic performance. At the end of this […]
Switzerland has expanded sanctions against Belarus
Following the European Union, Switzerland imposed new sanctions against Minsk. The penalties were imposed on 17 individuals and nine organizations involved in the transportation of migrants through Belarus. Switzerland introduces a new packa ge of […]
National Bank: the situation in the banking sector of Belarus is quite stable in the conditions of sanctions
The situation in the banking sector of Belarus is quite stable in the face of sanctions. This was stated by Denis Goregliad, a member of the Board of the National Bank, Head of the main […]
Belarusian banks face problems with payments via SWIFT
Customers of Belarusian banks reported problems with transfers from abroad. Alfa Bank has suggested that foreign intermediary banks have not yet worked out internal rules for remittances to Belarus after the sanctions. Clients of Belarusian […]
EU wants to keep an eye on banks
The first day of the EU summit in Brussels passed without surprises for its participants. As expected, the leaders of t he 27 EU countries approved the decision to create the European Banking Union, which […]