Economy · 10. August 2020

It is expected that the Russian economy will face a wave of bankruptcies in the next 6 months. The reason - the end of the moratorium on bankruptcy introduced on April 1, 2020 due to business activity deceleration resulting from the impact of Covid-19. Realizing the scale of future damage, the Government of Russia suspended the initiation of insolvency proceedings for 6 months in order to avoid mass company liquidations. Along with the moratorium, restrictions are introduced that directly...