Mishustin forbade Russian companies to go bankrupt

Mikhail Mishustin said that the moratorium is imposed for six months
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Sanctions against Russia in general and the Urals in particular

From April 1, Russia will introduce a moratorium on the initiation of bankruptcy proceedings on the applications of creditors. This decision was made by the Prime Minister of the Russian Federation Mikhail Mishustin.

“From April 1, a moratorium will be imposed on the initiation of bankruptcy proceedings on the applications of creditors. It will operate for six months and will affect both organizations and citizens, including individual entrepreneurs, “Mishustin said at a meeting of the Russian government by video conference, which was broadcast on Russia-24.

This measure will help entrepreneurs cope with difficulties, strengthen their financial situation and save jobs, said the chairman of the Cabinet. An exception will be made for debtors who are developers of real estate, built in accordance with the share construction and included in the register of distressed assets. Mishustin expressed hope that this decision will help those who find themselves in a difficult financial situation due to the actions of unfriendly countries.

Western countries and other states have imposed sanctions against Russia after the start of a special operation in Ukraine. Russia has already taken measures to support citizens and businesses. At the request of President Vladimir Putin, Russia has developed two packages of anti-crisis measures. Scheduled inspections for small businesses and individual entrepreneurs have been canceled until the end of the year, if their work is not associated with danger to life and health, Dni.ru reports.

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From April 1, Russia will introduce a moratorium on the initiation of bankruptcy proceedings on the applications of creditors. This decision was made by the Prime Minister of the Russian Federation Mikhail Mishustin. “From April 1, a moratorium will be imposed on the initiation of bankruptcy proceedings on the applications of creditors. It will operate for six months and will affect both organizations and citizens, including individual entrepreneurs, “Mishustin said at a meeting of the Russian government by video conference, which was broadcast on Russia-24. This measure will help entrepreneurs cope with difficulties, strengthen their financial situation and save jobs, said the chairman of the Cabinet. An exception will be made for debtors who are developers of real estate, built in accordance with the share construction and included in the register of distressed assets. Mishustin expressed hope that this decision will help those who find themselves in a difficult financial situation due to the actions of unfriendly countries. Western countries and other states have imposed sanctions against Russia after the start of a special operation in Ukraine. Russia has already taken measures to support citizens and businesses. At the request of President Vladimir Putin, Russia has developed two packages of anti-crisis measures. Scheduled inspections for small businesses and individual entrepreneurs have been canceled until the end of the year, if their work is not associated with danger to life and health, Dni.ru reports.

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