Vladimir Putin Russia city Moscow experts president pandemic Government Vladimir Putin Russia city Moscow

Facing disaster, Russian businesses find Kremlin aid lacking

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www.clickorlando.com

MOSCOW – Desperate business owners in Russia have been pleading with the Kremlin for help in the pandemic shutdown.

The response, however, has been slow and largely focused on big industries, leaving most smaller companies to fend for themselves and raising the prospect of massive unemployment and social unrest.

The Kremlin’s anti-crisis measures reflect both its long-held emphasis on state-controlled companies and a fear of opening state coffers at a time when government revenue is drying up due to a plunge in oil prices and economic slump.

When President Vladimir Putin ordered most Russians to stay home through April 30 to contain the coronavirus, he said employees must continue to be paid.

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