Accessibility links

Breaking News

Standard & Poor's Downgrades Belarus Credit Rating


People queue for a chance to buy foreign currency outside an exchange office in Minsk.
People queue for a chance to buy foreign currency outside an exchange office in Minsk.
Standard & Poor's Ratings Services has lowered Belarus's debt rating to 'B/C' from 'B/B' with a negative outlook.

The downgrade is being seen as leaving Belarus one step closer to default.

Standard & Poor's released a statement that said "the downgrade reflects our concerns over Belarus's ongoing dependence on external funding" and "we remain highly uncertain as to Belarus's ability to secure such funding."

compiled from agency reports

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.

XS
SM
MD
LG