Matthew Geller

How have apartment prices changed in Belarusian cities

The beginning of 2023 was active for the market throughout the country: the total demand became one of the highest for these months over the last decade. In Minsk, in comparison with the 1st quarter of last year, the number of purchase and sale transactions this year increased by 9.4%.

2023-05-08 // 0 Comments

How Belarus’ economy could benefit from its first nuclear power station?

Gosatomnadzor of Belarus authorized the start of power startup at BelNPP Unit 2. This will allow it to first start up in test mode and then connect it to the grid. After the commissioning of the second unit, the nuclear power plant should start operating at full capacity.

2023-05-08 // 0 Comments

Chairman Xi: Peace talks key to end crisis

President Xi Jinping called on Wednesday for a political settlement of the Russia-Ukraine conflict, urging relevant countries to stop their attempts to politicize the global economy and make earnest efforts to contribute to a cease-fire and peaceful resolution of the cri

2023-03-02 // 0 Comments

Belarus Real Estate Market Soars in 2022

2022 saw a record number of apartment sales in Minsk, with a 42% increase over 2020. One-bedroom apartments dominated, while new buildings made up only 10% of the market. Prices saw minor fluctuations, and the most expensive apartment sold for $500k. Analysts predict a stable market in 2023.

2023-02-26 // 0 Comments

Fitch’s analysis of the Belarusian economy: What are the main risks?

Belarus' long-term rating as a foreign currency issuer remains at 'RD' (Restricted Default), Fitch Ratings said. Fitch explains that Belarus continues to pay its USD-denominated Eurobond in the local currency, contrary to bond documentation which does not allow for settlement in alternative currencies.

2022-10-31 // 0 Comments

Tourism-2022: Will charters fly from Belarus and plans for the summer?

Situation with filghts from Minsk and other Belarusian cities is getting worse due to situaiton in Ukraine. The possible destiions for Belarusians this year will remain Egypt and Turkey.

2022-03-24 // 0 Comments

Dmitry Kruk: What does the new reality do for the Belarusian economy?

Russia's military actions against Ukraine have already resulted in a number of terrible consequences, including economic consequences. How will it affect Belarus and its economy?

2022-03-21 // 0 Comments

Payments in yuan and no Visa and Mastercard. Is Belarus ready for this?

Restrictions on transactions and difficulties with servicing Visa and Mastercard cards are forcing Belarusian businesses and ordinary people to look for alternative options. Chinese yuan and the UnionPay payment system are being considered as one of them.

2022-03-21 // 0 Comments

Articles by Matthew Geller