The business newspaper Kommersant reported that in the first two months of 2024, #CorporateBankruptcies had increased by more than a half compared with the same period last year—and experts predicted an increase in #insolvencies in future. Russian firms are facing #refinancing issues "as the effects of monetary tightening are starting to kick in." #Ukraine

#Russia Hit By Tsunami of #Bankruptcies
https://www.newsweek.com/russia-bankruptcies-economy-kommersant-1876806