BLOOMBERG
Some breathing room for clench-fisted President Alexandre Lukashenko (above)...as the anti-crisis fund of the Russian-led Eurasian Economic Community loaned it $3 bn usd over 10-years.
Belarus will not have to make payments on the loan principal for three years,
It is still seeking a separate bail-out from the IMF.
The ECC members are Russia, Belarus, Kyrgyzstan, Tajikistan, Kazakhstan and Uzbekistan.
Russia contributed $7.5 billion to the fund.
Popular Posts
- RUSSIA : 14 March UPDATE: Court Refuses To Release 2 Punk Rockers; Orthodox Church Calls Singers...'Sinners.'
- ITALY / BELGIUM / EUROZONE : Ouch! Roma Forced To Pay 7.814% On 2 Yr; S/P Downgrades Belgium.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ITALY / VATICAN : Benetton's Pope Kissing Ad Shocks Vatican; Legal Action Threatened.
- EUROZONE / GERMANY / GREECE : Athens' Go Slow Mode...Exasperates Merkel.
- MUSIC FOR MONDAY: Os Ritmistas Serenade Brasil Of The 60's.
- BRASIL: Piranhas Attacking Tourists In Mato Grosso River Beach.
- RUSSIA : Small Airlines...And Small Airports There...Are Growing More Dangerous.
- CUBA / BRASIL : Castro Allows Odebrecht...To Upgrade/Run Cienfuegos Sugar Mill For 13 Years.
- PERU: Mine Opponents Feel Betrayed After Humala Declares State Of Emergency In 4 Provinces Over Conga Mine Protests.