Russia will help to refinance Belarusian foreign debt in 2015
In 2015, Russia will provide USD 1.3 billion worth financial assistance to Belarus. On April 30th, 2015 USD 110 million was transferred to the Finance Ministry account and payments on two loans have been deterred until Q3 2015 (USD 750 million and USD 450 million). In 2015, Belarus requires additional USD 1 billion to service her public debt. The loan from Russia may somewhat relieve the pressure on Belarus’ currency market and reduce fluctuations of the national currency against the currencies basket. As a result, interest rates on loans from international institutions may reduce and Belarus may put off the issue of Eurobonds until later. However, deterring foreign debt payments does not solve the overall problem with public debt payment. In 2016, Belarus will require more than USD 3 billion to service her international liabilities.
During searches of social and "green" activists and anarchists, law enforcement has seized computers, mobile phones and publications. The authorities have also exerted additional pressure on supporters of unauthorized street protests and independent lawyers, who represented defendants in the White Legion case. The security services have stepped up the persecution of opponents before the street protests announced by the opposition. Apparently, the Belarusian authorities aspire that participants in street protests would reduce in number and that the low interest of the population to socio-political agenda before the local election campaign would retain.