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Russia's covid crisis

Business Daily

CHAPTER

Economic Challenges and Government Support for Russian Small Businesses during COVID-19 Crisis

The chapter delves into the economic hurdles faced by small companies in Russia amidst the COVID-19 pandemic, discussing bureaucratic obstacles in accessing government aid. Insights are shared on rising unemployment levels, financial struggles, and sentiments towards the government's support measures. The conversation also addresses Russia's need to diversify its economy away from oil dependence and the potential political repercussions of insufficient policy-making in this transition.

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