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Everything Is Fine in Russia, but There Is Slowly No Money Left to Pay Salaries.
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According to several Russian small and medium-sized businesses, by the end of the year their company coffers will be so empty that they will only be able to pay people in January, writes Portfolio following Mk.ru. The Russian newspaper has received reports from readers that employers have indicated that due to a lack of money, the payment of wages that they should have paid by the end of this year will be delayed until January. The current Russi…
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Thousands of Russian small businesses found themselves in a financial trap at the end of the year: they lacked sufficient funds to pay December wages, while utility providers in some regions were collecting two months' worth of fees at once.
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