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How Moscow will help business struck by sanctions

Along with the federal support measures in the face of sanctions pressure, regional assistance is being provided, including in Moscow. The authorities of the capital announced a number of areas in which support will be provided to both businesses and the population. What specific measures can entrepreneurs count on, you can find here in our selection. Provision of business loans on a concessional basis Moscow has launched a program of concessional lending to businesses . It involves ...

NFIA Analytics: Russian business is losing liquidity

... Russian business is currently realizing the true scale of the consequences caused by the events on the territory of Ukraine. The sanctions imposed by the developed world economies are forcing the Russian government to take an increasingly consolidated approach to the use of government support measures for business. According to Elena Dybova, who spoke during the round table in the Federation Council, the number of initiatives from SMEs related to state support has already exceeded 11 thousand. At the same time, the vice-president of the Chamber of Commerce and Industry calls ...

Six-month bankruptcy moratorium will be introduced in Russia

... support the country's economy in the current geopolitical circumstances. One of the measures in connection with the imposed sanctions may be a temporary ban on creditors to initiate bankruptcy cases. According to Izvestia, the moratorium may last up ... ... pandemic. Experts believe that a wave of delayed bankruptcies is inevitable. Moreover, before, the moratorium applied only to those business sectors that were recognized as the most affected by the consequences of the pandemic by the state. Now we are talking ...

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