Belarus Dependent on Russia as Economy Worsens: Opposition
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Belarus is growing increasingly dependent on Russia to shore up its economy as the current-account deficit soars and a possible devaluation looms, an opposition candidate in last year’s presidential election said.
“Debts are piling up quickly; they’re just not sustainable,” Yaroslav Romanchuk said in an interview in Warsaw yesterday. “And at the moment, Russia is the only country that is bailing Belarus out.”