Russian credits Belarus

Exports of Belarus-made goods to Russia is down 7% since the West's recent sanctions against Moscow, says economist Yaraslau Ramanchuk.

Siarhei Rumas, a Belarus representative at the Eurasian Economic Commission Council, says Russia approves a bridge loan worth $1 billion for Belarus.

Senior deputy head of Belarus' National Bank Taras Nadolnyi says decision on payments under Russia's $2 billion loan will be sorted out by mid-year.

Former chairman of Belarus' National Bank reckons the Russian loan is about nothing but preserving the inefficient Soviet economy model in Belarus.

Russia is going to allocate $450 million from the federal budget to Belarus this year.

Russian Ambassador to Belarus Alexander Surikov held a press-conference in Minsk on Friday.

The Belarusian potash giant borrowed $1 billion from the Russian bank under the guarantees of the Belarus government in October 2012.

440 million dollars should arrive to our account by the end of the year.

Minsk is seeking a $2 billion loan from Moscow