Author (Corporate) | European Parliament: European Parliamentary Research Service |
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Series Title | At a Glance |
Series Details | March 2016 |
Publication Date | March 2016 |
Content Type | Journal | Series | Blog, Overview |
Following 19 years of positive economic growth, Belarus's economy contracted by 3.6% in 2015, partly due to the deep recession in Russia, the country's closest trading partner. With shrinking foreign reserves and an increasing need for loans and investment, Belarus is looking for alternative support in an attempt to temporarily stabilise its economy. However, it remains uncertain if the recession will prompt fundamental changes to President Lukashenko's repressive economic policies |
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Source Link | Link to Main Source http://www.europarl.europa.eu/RegData/etudes/ATAG/2016/579068/EPRS_ATA(2016)579068_EN.pdf |
Related Links |
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Countries / Regions | Belarus |