Belarus will not default unless China and Russia want it

  • 2020-11-26
  • Linas Jegelevicius, The Baltic Times editor-in-chief
The unrelenting political tumult is further plunging Belarusian economy in an abyss, despite the lifeline thrown in to its rescue by Russia, which $1.5bn loan by Belarus’ self-appointed leader Alexander Lukashenko is mostly used to tough out his biggest personal crisis in power. What is the situation of Belarusian economy? How long can it take the bruising? The Baltic Times spoke to Vadim Iossub, a senior analyst at Alpari Eurasia, a unit of the international forex brokerage Alpari, Lev Lvovskiy, a senior researcher at the Belarusian Economic Research and Outreach Centre (BEROC), Irin...
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