Putin throws $1.5 billion lifeline to Belarus leader
  • 4 years ago
Russian President Vladimir Putin bestowed a $1.5 billion loan on Belarus on Monday in a gesture of support for its leader Alexander Lukashenko, who flew to entreat his patron for help after five weeks of mass protests demanding his resignation.

A day after more than 100,000 protesters took to the streets of Minsk with chants of "You're a rat", Lukashenko met Putin in the Black Sea resort of Sochi in urgent need of help to maintain his 26-year grip on power.

"First of all, I want to thank you... personally thank you and all Russians, all those, and I will not list them, who were involved in supporting us during this post-election time," Lukashenko said.

The Kremlin said some of the new money would be used to refinance earlier loans.