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NEW! Moscow has cut electricity supplies to Belarus over unpaid bills. It provides 10% of the nation's energy needs...and may end all supplies on 19 June.
It may be another attempt to force Minsk to move faster and privatize its assets.
Belarus admits it owes $54m.
http://www.bbc.co.uk/news/world-europe-13717679
The WSJ reports that Belarus is planning to sell its most valuable asset...potash producer Belaruskali.
Belaruskali is the world's #3 fertilizer producer and might net cash-strapped Minsk $20 billion usd.
Russians and the Chinese are reportedly interested.
Belarus must privatize at least $7.5 bn usd of state assets...within three years...under a $3-bn bailout loan from ex-Soviet states led by Russia.
Belaruskali is the world's #3 fertilizer producer and might net cash-strapped Minsk $20 billion usd.
Russians and the Chinese are reportedly interested.
Belarus must privatize at least $7.5 bn usd of state assets...within three years...under a $3-bn bailout loan from ex-Soviet states led by Russia.
