the Economic downturn after the coronavirus pandemic will affect all companies. However, the Russian business it will be affected to a lesser extent than the us. About this newspaper “Izvestia”, citing analysts.
Experts predicted that the world economy will be thrown back two or three years ago. The profit of the corporate sector in the United States, according to the results of II quarter of current year will decrease almost two times, by 44 percent. More significant decrease was recorded only at the time of the 2008 crisis. Then profits fell 67 percent.
According to analysts, Russian companies such a sharp downturn will not. Mainly due to the lack of “helicopter” money, the learning of 2014 and foreign currency export proceeds. As stated by the senior analyst of “Alfa Capital” Maxim Biryukov, the least of losses will be the retailers, mostly from exporters and resource companies.
Earlier it was reported that in a pandemic coronavirus about 4 million employees of small and medium enterprises (SMEs) in Russia has received assistance for programs of credit and grant support for business. Assistance was provided to the most affected parties in the industry.