19 May 2011

RUSSIA/ BELARUS: Medvedev Holds 1st Press Conference...And Says Almost Nothing; Minsk Gets $3 Bn Bail-out...With Conditions.

NYTimes/ E. Barry

  An estimated 800 media showed-up for President Dmitry Medvedev's first press conference...after 3 years in office.
   But they left mostly disappointed.
   Most had expected Medvedev to reveal whether or not he will stand for re-election in 2012.
   All he would say...was that a decision would be announced..."soon."
   Many have also speculated that there is a power struggle going-on between Medvedev and PM Putin.
   Medvedev only said that he Putin were "truly like-minded" after 20 years.
  "This does not mean however that we see eye to eye on everything," he added.
   "But we are close in our strategies, otherwise we would simply be unable to work together."

AND:    There are reports that Russia will give Belarus a 2.1bn euro/ $3 bn usd bail-out loan.
     PM Putin was just in Minsk. Observers predict loan conditions will be stringent with Russia reportedly seeking privatization of certain key assets.
http://www.bbc.co.uk/news/world-europe-13462560