Monday, December 8, 2025

Hours week: necessary, but destructive

Hours week: necessary, but destructive
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Economics, like nature, abhors a vacuum. And the devil, alas, is in the details. The President declared non-working days – Saturday 28 March to Sunday 5 April, and – with pay. Almost simultaneously with his decree from 25.03.2020 No. 206, a report of the Center for strategic research, based on a survey of 500 managers of micro, small, medium and large businesses. It turned out, 29% of employers moved employees to remote work for lower wages, cut staff. And 40% going to do this in the near future.

The estimated losses of the Russian banks from the holiday of credit due to coronavirus

The estimated losses of the Russian banks from the holiday of credit due to coronavirus
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Experts of the international rating Agency Moody's estimated losses incurred by banks in Russia for holiday of credit victims from the coronavirus a new type of citizens, as well as small and medium-sized businesses.  

About 11 thousand companies of Moscow will be free from rent for the downtime

About 11 thousand companies of Moscow will be free from rent for the downtime
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We are talking about those businessmen who rent premises from the city

“Non-working week will enhance the decline,” Russia predicted a new crisis

"Non-working week will enhance the decline," Russia predicted a new crisis
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Economists predicted a new crisis on the background of the pandemic COVID-19, the collapse in oil prices and the slowdown in business activity. About it writes RBC with reference to the interviewed experts.