Germany will be battered with a wave of bankruptcies due to Ukraine-related sanctions against Russia, according to Commerzbank Chief Executive Officer Manfred Knof. “The energy supply in Germany is at risk, supply chains are breaking down, we have high inflation,” Knof was quoted by the Handelsblatt daily as saying. According …
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The extension of “holidays with pay” will mean the ruin of small enterprises and massive layoffs, ex-Minister of economy of the Russian Federation, doctor of Economics Andrei Nechaev. As stated by the expert to the correspondent of “Rosbalt”, in a more stable situation will remain unless the public sector. “If …
Read More »The situation with the bankruptcies of companies are changing towards a more objective picture. The state has become less support unprofitable state-owned enterprises as a result, the number of bankruptcies among them is steadily growing, while the proportion of private owners. If you compare with the fact that …
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The business climate in the Russian construction industry remained in the area worst values over the past 7 years, experts of the Higher school of Economics (HSE). Despite signs of stabilization of macroeconomic indicators and GDP growth for five consecutive quarters, the volume of construction work continued to decline. According …
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