S & P upgrades Belarus to "positive"

Belarus economy

Standard & Poor's rating agency has revised its outlook on Belarusian economics from "stable" to "positive", noting the continued stabilization of the economy. Ratings is affirmed to 'B / B'.
S & P experts point out that the government has tightened fiscal and monetary policies, which helped to stabilize the economy. "In our view, a further reduction in inflation and easing pressure on the exchange rate are the main signs of improvement in the economic situation in the country", - the company reports.

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Minsk needs money to support its paternalistic policy

Belarus economy

In 2012, the Belarusian economic model has reached peak of its current capability. Now the only way to keep the economic growth without structural reforms and avoid collapse in  the end of the year, such as currency crises as in 2009 or 2011, is attracting new borrowings  from abroad. This has already been said openly by senior Belarusian officials. But lately, in Minsk did not succeed in the relationship with the creditors, not only in the West but also in the structures of the EuroAsian Economic Community  (EAEC). What is the essence of the dispute and whether the parties will be able to agree?

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A Spanish low-coster will fly to Minsk

Vueling Airbus A320 will fly to Minsk from Barselona

Vueling, a Spanish low cost airline is going to start flying to Minsk from Barselona during the summer season. It is the very first time when a company which is positioning itself as a low cost airline begins flights to Minsk 2 Airport.

Service operates on Sundays and will last till 15th of September 2013. Presumably, the aircraft will be Airbus A320.

The flight codes are:
VY7692 BCN0055 – 0525MSQ 320 7
VY7693 MSQ0610 – 0850BCN 320 7

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Fashion industry is having a party

Belarus Fashion Week Fall-Winter 2013/2014 will take place on April 23-28

Like in the last season, Belarus Fashion Week will be running on two sites:  the main runway will be at BelExpo  exhibition center at Pobediteley, 14  and the additional program OFF SCHEDULE, designed to show works of  young designers and the presentation of new brands which will be at Museum of the History of Minsk (Mikhail Savitsky Art Museum).

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