The happy new owner of MTBank, which he bought off oligarch Alexei Oleksin now under EU sanctions, has managed to elbow himself into Minsk's tight-knit elite business circle thanks to some powerful alliances. [...]
The new sanctions against Belarus are not at all to the liking of the powerful Raiffeisen Bank International, which has a strong presence in the country. It has however been able to count on Vienna, as well its networks in Brussels, to plead its case. [...]
Although the stir created by the hijacking of a Ryanair aircraft on 23 May brought Belarus back into the public eye, Western condemnations have not stopped Alexander Lukashenko from proceeding with his plans to further strengthen his security services. [...]
Don't miss a single article on
BELARUS
