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Russia introduces bankruptcy moratorium

... off the employees, RBC reports . The Prime Minister expressed hope that this would help businesses and citizens to improve the state of affairs in the situation of imposing sanctions against Russia. The only sector that turned out to be outside the moratorium is the sector of construction of apartment buildings and other real estate as part of equity participation. Such developers-debtors do not fall under the introduced norm and during the moratorium period they may find themselves in insolvency ...

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