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ST.PETERSBURG IS RANKED THIRD IN THE RATING OF CORPORATE BANKRUPTCIES

... corporate bankruptcies in January-March of 2021 also decreased significantly when compared with the same period last year. In St. Petersburg, this decline reached 8.3%, and in the country as a whole, the number of bankrupt organizations and peasant farms ... ... were under effect of the moratorium. In fact, this means that more than 14% of all organizations and more than 40% of private businessmen were protected from sudden bankruptcy. What is more, the policy of the Central Bank, which established incentives ...

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