Belarus Steps Up Liberalisation of Business

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Although many private companies are still reluctant to invest in Belarus, where 80 per cent of all industry remains in state hands, Prime Minister  Andrei Kobyakov has reiterated that the government wants to continue supporting entrepreneurship.

“The role of entrepreneurship in the national economy, the creation of new jobs and sustainable social development, is high,” Mr Kobyakov said. “This segment of the economy can respond quickly to changing market conditions, generate innovative ideas and embody them into real projects, occupy new niches in the markets for goods and services, and expand its presence in foreign markets.”

In fact, according to the Development Bank, a specialised financial institution for SMEs established by the government, technologies are rapidly developing in the global markets and Belarus has confirmed its talents and competences, building itself as a start-up nation.

According to the prime minister, this sector employs a third of the total employed in the entire economy. To this end, Belarus has created various preferential regimes: from stimulating high-tech and export-oriented companies to integrated development regions of the country.

“This year we are making another step towards maximum liberalisation of business. In close cooperation with the business community we have prepared a package of 10 drafts laws, eight of which have already been signed by the head of state,” Mr Kobyakov added.

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GSA Names Ukraine as UK’s Offshoring Destination of the Year

map of ukraine emerging europe

Non-Financial Reporting No Longer a Secondary Consideration in CEE

Romania Can Still Provide Stability Within the EU

BUCHAREST, ROMANIA - 05 February 2017: More than 240,000 protesters in Victory Square (Piata Victoriei). "Torches" moment. At 09:00PM Romanian protesters shone torches on their phones.

New Start-Up and Innovation Report Names Estonia and Slovenia as Market Leaders

Tallin, Estonia - July 06,2017: Scenic view of the modern part of the city of Tallin, Estonia

High Real Estate Prices at Home Force Czech Investors Abroad

Construction of the Petrin lookout tower in Prague Czech Republic

Czech PM Loses Confidence Vote

andrej Babiš

Romanians Take to the Streets in New Mass Protest

Lithuania Set to Streamline Competition Legislation

Industrial dock with cranes on the quay

Lech Wałęsa: Hard Options Can Force Nations to Get Down to Work

Industrial Production Prices in New Increase

electricity

Bad Payers Still Causing Problems for Romanian Firms

Close up Romanian currency note, LEI or LEU, Romania

Poland to Switch from Emerging to Developed Market by September 2018

warsaw stock exchange

‘Traditional Values’: A Potent Weapon Against LGBT Rights

gay rights putin

Western Ukraine Could Be an Entry Point into the Country

ICT Growth Continues to Boost Bosnian Economy

ict, it

Globalisation Needs to Work, Not Only for the Few but for the Most and in Demonstrable Ways

Global Spread

Japanese PM Announces Western Balkans EU Initiative

TOKYO JAPAN - Apr 06 2016: Japanese Prime Minister Shinzo Abe during his meeting with President of Ukraine Petro Poroshenko in Tokyo

Albania’s Economy Booms Despite Political Infighting

Panorama view to the city Tirana Albania

Emerging Europe’s Economies Are Booming

Estonia — Easy Doing Business Destination seminar in the UK

China Eyes Moldovan Trade Agreement

CRICOVA MOLDOVA July 24 2017 :Underground wine cellar with collection of bottles in niches. Winery with 120 km of underground passages for wine storage

Moody’s: CEE Creditworthiness Holding Up

Man's hand holding pen and checking spreadsheet

The EU’s Benign Neglect of Eastern Europe

The EU’s Benign Neglect Of Eastern Europe

Belarusian Economic Recovery May Downgrade Intended Reforms for Competitiveness

Belarus is Bringing Opportunities for European Companies

Great Stone

Michael: The Last King of Romania

EY: Belarus’ IT Scene Is Thriving

High tech park minsk

Invest in Belarus: looking beyond politics to the future

Belarusian Economy on a Diet to Change its Financial Outlook

Albania is creating three free economic zones

Bulgaria Takes on EU Presidency

Sofia, Bulgaria - September 12, 2017: Architectural complex in downtown of Sofia in which the Presidential Administration is located, Sofia, Bulgaria

Belarus Serves up Some Recipes for Success

Business in Belarus Recipe Book

Banca Transilvania Concludes Moldovan Deal

banca transilvania

Budapest’s Property Boom Goes Nationwide

building

UK Economic Growth Slows as Brexit Uncertainty Bites

flags of UK and EU combined over icons of London - Brexit concept

‘No’ To a Monetary Union With Russia

Warsaw Rising: The Polish Capital’s Skyline Gets Even Taller

varso

Bulgaria and Romania Get EBRD SME Boost

Startup Diversity Teamwork Brainstorming Meeting Concept

One in Five Poles Unaware of Source of Funds for 500 Plus Programme

Foreign Investors: Belarus Offers Opportunities But Further Improvements Are Needed

Moldovan Government Hails Business-Friendly Legal Reforms; NGOs Remain Cool

Chisinau, Republic of Moldova, Eastern Europe, 29th June 2017: view to the Parliament Building in Chisinau, Moldova

Lukashenka seeks to avoid commitment to Russia’s geostrategic goals

Growing Rzeszów

Rynek Glowny in Rzeszow. Rzeszow Podkarpackie Poland.

Emerging Europe to Record Positive Growth Across the Board in 2018

coins growth

The essence of the Customs Union is protectionism

Latvia Urged Not to Increase Expenditure As Economy Grows

Riga, Latvia - August, 2010: Panorama view from Riga cathedral on old town of Riga, Latvia

Georgia’s Growth Continues

Batumi, Adjara, Georgia - May 27, 2016: Batumi, Adjara, Georgia. Gogebashvili Street Road And Marine Station Or Maritime Station Building Batumi On Background

EU Membership and Transition into Market Economies Have Helped CEE Achieve Social Progress

Chinese Electric Car Maker Seeks Emerging Europe Base

zhi dou d2

EconMin: Bulgaria — Number One Outsourcing Destination And an Island of Stability in Europe

Smart, reliable and promising

Belarusian Journalists Still Face Huge Problems

Bulgaria’s cooperation with Israel could boost the economy

More Brexit Fears As the UK Proves To Be A Needed Member

City of London view from Waterloo Bridge. This view includes: St. Paul`s Cathedral The Gherkin Tower 42 and Blackfriars Bridge.

New Political Crisis Hits Moldova

Vladimir_Putin_and_Igor_Dodon_(2017-01-17)_01

Albania’s Construction Sector Supports the Country’s Growth

SARANDA, ALBANIA - MAY 18: View of the city Saranda, most important tourist attraction of the Albanian Riviera on May 18, 2017 in Saranda, Albania.

Steep Jump in Georgian Exports

container ship in import export and business logistic.By crane Trade Port Shipping.cargo to harbor.Aerial view.Top view.

Go East

Moldova Launches New e-Procurement System In Search For Positive Change

Photo team work process, holding contract hand, signs documents. Account managers young crew works with startup project.New idea presentation, analyze marketing reports.Blurred, film effect, horizontal.

Belarus-Turkey Investment Forum to increase investment and trade between the two countries

Winds of Change for Belarus’ Reinsurance Industry?

Valga and Valka – Where Estonia and Latvia Work Together

Valga valka emerging europe

Košice Business Matchmaking Event Brings in Hungarians

kosice, slovakia

Putin Urges Belarus to End Oil Transit Through Lithuania

Athens Greece - May 27 2016: Russian President Vladimir Putin delivers

Bucharest’s Stock Exchange Reports Growth; Eyes Emerging Market Status

bucharest stock exchange

World Bank: Western Balkans Need to Speed Up Growth For Faster Convergence

world bank

IMF Wants Banking Sector Reform in Western Balkans

croatia national bank

Romania’s Budget Deficit ‘Should Start Alarm Bells Ringing’

BUCHAREST ROMANIA - June 29 2017: Romanian Prime Minister Mihai Tudose during a swearing-in ceremony at Cotroceni palace in Bucharest capital of Romania June 29 2017.

The Next Four Months Crucial For the Belarus-EU Relations

Warsaw City Guide: 48 Hours in Poland’s Reborn Capital

WARSAW POLAND - DECEMBER 28 2016: Downtown Warsaw Financial center in Warsaw Poland. Warsaw is one of the most economical successful capital in Europe in last few years.

Czechs Hold Emerging Europe’s Most Powerful Passport

New investors interested in Belarus’ Great Stone Industrial Park

Euroscepticism in Serbia: An Image Problem?

The Problem With Central European City-States

Budapest Hungary - Panoramic skyline view of the famous Buda Castle Royal Palace with the Buda Hills and Matthias Church at background at sunset

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