BELARUS IS CAUGHT IN an energy crisis that has led to a decline in every sector of its economy. The republic depends on its northeastern neighbor, Russia, for 90 percent of its energy supplies. But Belarus has been unable to meet the cost of the energy it consumes since Russia began raising its prices for natural gas and oil to world levels, and one result of the imbalance has been more and more Belarusian debt.
You have reached a premium content area of TOL. To read this entire article please login if you are already a TOL subscriber.
Not a subscriber?
Annual membership costs only $55 per year for individuals ($33 for students) and organizational subscriptions start at $134 per year.
Subscribe today for access to:
Full access to the website, including premium articles videos, country reports and searchable archives (containing over 22,000 articles).
You can subscribe here to gain access to the entire website.