Russia stalled bankruptcy reform for six years—then passed it in two days
Russian companies owe more than the country produces in a year, and a reform frozen since 2020 was cleared by parliament in two days.
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corporate bankruptcies
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UK intel: Russia struggles to curb inflation as bankruptcies likely to surge
Russia’s ruble rises to 81 per dollar, but inflation hits 10.1%, deepening fiscal strain as energy revenues shrink in ruble terms, per UK intelligence.