Tuesday, July 21, 2015

Why Belarus Struggles to Stop Subsidising Its Enterprise | Belarus Digest - News and Analysis of Belarusian Politics, Economy, Human Rights and Myths: "This month, the Belarusian Ministry of Finance will issue bonds for $425.8 million to bail out Gomselmash (abbreviation for Homiel Rural Machine Building), the most important industrial holding company of the second largest city in the country. The large cost of issue reflects the size of Gomselmash’s problems.

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