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Russia introduces bankruptcy moratorium

A ban on initiating bankruptcy cases by creditors will again start in Russia on April 1, 2022 and will last at least for six months. The measure may be applied to both organizations and individual ... ... measure will allow debtors to recover from difficulties and find other sources of income without resorting to closing their businesses and laying off the employees, RBC reports . The Prime Minister expressed hope that this would help businesses and ...

Modified: 04.01.2022
Government of the Russian Federation , Mikhail Mishustin , moratorium , bankruptcy , economics , Russia , business , moratorium on bankruptcy
Path: РусБанкрот - СМИ

Young entrepreneurs in Russia will receive up to 1 million rubles grants

The government has made a decision to allocate funds to support entrepreneurship in Russia. Within the framework of the announced program, it is planned to issue grants to young people under the age of 25 inclusive.... ... enterprises. The grant size varies from 100 thousand to 1 million rubles. At the same time, entrepreneurs who intend to develop their business in the Arctic zone will be able to receive the maximum amount. The rest will receive the right to receive the maximum ...

Modified: 03.25.2022
Mikhail Mishustin , Government of the Russian Federation , grants , support , entrepreneurship , business , Russia , economy
Path: РусБанкрот - СМИ
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