Belarus

Belarus reports 3.7% y/y GDP growth in January-September

bne IntelliNews October 19, 2018

Belarus' GDP grew by 3.7% year-on-year in January-September following the same growth in January-August (and a 4.4% y/y growth in January-July), according to the national statistics agency Belstat.

Belarus' new nuclear power plant will change the balance of energy in the Baltics

Ben Aris in Berlin October 12, 2018

Russia’s Atomstroyexport is close to completing Belarus’ controversial $11bn Astravets nuclear power plant that will change the energy security mix in the Baltic states.

Supermarket chain Eurotorg confirms plans for Belarus’s first ever IPO

bne IntelliNews October 11, 2018

Belarus’ leading supermarket chain Eurotorg (aka Evroopt) plans to list on the London Stock Exchange in what will be the small republic’s first IPO.

Belarus retail giant Eurotorg mulls $300mn IPO in London

bne IntelliNews October 8, 2018

Eurotorg, the largest food retailer in Belarus is planning to list around $300mn of its shares in London in the coming weeks, according to Reuters.

Belarus' gold, forex reserves fall to $6.93bn

bne IntelliNews October 8, 2018

Belarus' gold and foreign currency reserves fell slightly to $6,926.4mn as of 1 October 2018, if calculated in accordance with methods of the International Monetary Fund, BelTA reports citing the National Bank of the Republic of Belarus.

COMMENT: Delinking the Baltic electricity grid from Russia on Brussels’ dime

Richard Smith in London September 28, 2018

In Soviet times Lithuania's electric grid was integrated with those of neighbouring SSRs Belarus, Russia, Estonia, and Latvia, but now the small republic plans to delink its power grid ending the BRELL agreements and throw in its lot with the EU

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