Small businesses get burned as and face bankruptcy
If that happens, the company would present a proposal offering everyone they owe the chance to get a certain percentage of their money. Creditors would get to vote on the proposal. If they don't like the deal, Henechowicz said the company will go bankrupt.

Travel agencies keep going bankrupt, Russians travel independently
MOSCOW, September 16. /ITAR-TASS/. An ongoing crisis of the Russian tourism industry compels the authorities to approve tough measures to revive the sector, while Russian nationals have to manage their trips themselves. The Russian Union of Travel …
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