Belarus Urges Russia to Ease $2 Bln Loan Conditions

Reuters reported that Belarus is negotiating a change to the conditions of its loan for potash producer Belaruskali.

The market news is quoted as saying:

The loan to state-owned Belaruskali was seen as one of the ways to boost the ex-Soviet economy, which is facing a financial crisis after last year’s presidential elections resulted in increased budget spending and left Minsk short of cash.

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