Decision/Other
Proposed
Proposal to allow the government to impose a moratorium on bankruptcy of SMEs
The government would be allowed to impose a moratorium on initiating bankruptcy cases for SMEs when borrowing costs rise significantly or credit access is restricted, giving small businesses a temporary reprieve from creditors.
Actors and targets
Source
Правительству хотят разрешить вводить мораторий на возбуждение дел о несостоятельности МСП при существенном росте стоимости заемного финансирования или ограничении доступности кредитов.
Not established
- Date of the proposal
- Current legislative stage
- Duration of the moratorium beyond the initial 6 months
- Criteria for determining significant rise in borrowing costs
Extracted detail
- Country
- Russia
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