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Central Bank of Russia announced preferential loans for SMEs

The Central Bank of the Russian Federation, along with the Cabinet of Ministers, developed a plan to support SMEs. One of the measures should be a program of concessional lending in a number of banks. The total amount of funding under the program exceeded 670 billion rubles. The corresponding message was published on the website of the regulator the day before. It says that more than twenty credit institutions will participate in the program....

Spring in Russia began with ‘raining sanctions’

March 1 was marked by the emergence of information about new sanctions against the Russian economy and individuals from all around the world. Japan, Turkey, Canada, South Korea, Singapore and Australia have joined the ... ... Russia's military intelligence service). Earlier, Japan also banned the issuance of visas to Russians, freezing their assets in banks. The restrictions also affected the export of goods to those persons who may be associated with the military. The European ...

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