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Archive - Aug 7, 2008

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NBRB’s refinancing rate to be set at 10.5% August 13

Submitted by admin on Thu, 07/08/2008 - 14:13

The National Bank of Belarus will raise the refinancing rate by 0.25 percentage points up to 10.5% on August 13, BelTA learnt from the information department of the National Bank.

According to the Bank, this decision is aimed at raising the yield of deposits in the national currency, fostering the growth...

Electricity output by Lukoml up 9% in January-July

Submitted by admin on Thu, 07/08/2008 - 14:12

In January-July the Lukoml state district power plant (Vitebsk oblast) produced 8,049 billion kWh of electrical power, up 9% from the same period last year, BelTA was told at the plant.

As a rule, the capacity utilization peaks in summer and the Lukoml plant produces around 60% of the total...

China can rely on Belarus’ strong support in Europe, Belarus President says

Submitted by admin on Thu, 07/08/2008 - 12:23

Belarus will provide a firm support for China in Europe, President of Belarus Alexander Lukashenko said at the meeting with Chairman of the People’s Republic of China Hu Jintao in Beijing on August 7.

“There is no other European country that is a greater friend of China than we are. We...