{"id":1277708,"date":"2025-08-08T15:22:09","date_gmt":"2025-08-08T12:22:09","guid":{"rendered":"https:\/\/prm.ua\/russian-entrepreneurs-face-a-wave-of-bankruptcies-businesses-have-defaulted-on-loans-worth-10-billion\/"},"modified":"2025-08-08T15:22:09","modified_gmt":"2025-08-08T12:22:09","slug":"russian-entrepreneurs-face-a-wave-of-bankruptcies-businesses-have-defaulted-on-loans-worth-10-billion","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/russian-entrepreneurs-face-a-wave-of-bankruptcies-businesses-have-defaulted-on-loans-worth-10-billion\/","title":{"rendered":"Russian entrepreneurs face a wave of bankruptcies: businesses have defaulted on loans worth $10 billion"},"content":{"rendered":"

Overdue loans to small and medium-sized businesses in Russia are breaking records. Entrepreneurs in the Russian Federation have overdue loans worth almost $10 billion.<\/strong><\/p>\n

This was reported<\/a> by the Center for Countering Disinformation.<\/p>\n

In Russia, the number of overdue loans to small and medium-sized businesses has increased sharply – the figure is almost $10 billion. This is the highest figure since 2021. At the beginning of 2025, the amount of debt increased by 14%.<\/p>\n

“Such an increase in debt is explained by the general slowdown in the economy, high credit rates (23.3% per annum), as well as the increase in enterprises’ expenses for rent, logistics and other resources,” the Central Bank noted.<\/p>\n

Russian entrepreneurs are unable to service loans on time, and banks, in turn, are reducing lending volumes.<\/p>\n

The small business sector – including shops, cafes, local services – is an important source of jobs. The growing debt burden is leading to business closures, wage delays and staff reductions.<\/p>\n

If this trend continues, the situation could lead to a wave of bankruptcies and an increase in unemployment in the Russian Federation.<\/p>\n

“The Kremlin continues to drive the economy into a dead end. The war with Ukraine, sanctions, isolation, and rising costs for maintaining the security apparatus – all this hits businesses and the pockets of ordinary people, to whom the Kremlin is indifferent,” the CPD noted.<\/p>\n

As a reminder, the Russian Central Bank, in a new macro forecast, admitted that economic growth in the Russian Federation could fall to zero by the end of 2025.<\/a> This is perhaps the regulator’s most pessimistic forecast in recent years.<\/p>\n

As reported, due to the rapid decline in oil and gas revenues and rising costs, the Russian government will make changes to the budget for the second time in a year.<\/a><\/p>\n

Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , Twitter<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Overdue loans to small and medium-sized businesses in Russia are breaking records. Entrepreneurs in the Russian Federation have overdue loans worth almost $10 billion. This was reported by the Center for Countering Disinformation. In Russia, the number of overdue loans to small and medium-sized businesses has increased sharply – the figure is almost $10 billion. […]<\/p>\n","protected":false},"author":63,"featured_media":1252555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76870,76871,76872,76892],"class_list":["post-1277708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1277708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1277708"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1277708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1252555"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1277708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1277708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}