BELARUS NEWS AND ANALYSIS

DATE:

30/07/2007

Belurus: Official In Moscow About Loan

Belarusian Prime Minister Sergei Sidorsky arrived in Moscow on July 30 to secure a $1.5 billion loan, in part to pay Belarus' $450 million debt to Russia's state-controlled natural gas monopoly Gazprom. Russian Finance Minister Alexei Kudrin unofficially approved the loan July 27. Belarus failed to meet a July 25 deadline to repay the debt. Gazprom raised prices from $55 to $100 per 1,000 cubic meters Jan. 1.

Source:

http://www.stratfor.com/products/premium/read_article.php?selected=Situation%20Reports&sitrep=1&id=293079

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