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Despite the difficulties in the economy due to pandemic coronavirus, Russia will be able to avoid a recession, according to the Central Bank. If there are no new bursts of inflation and the market will remain stable in two weeks may reduce the key rate
With the beginning of a new season of colds and respiratory diseases could expect the second wave of the outbreak. According to the Central Bank, this may contribute to the "depletion" of the global economy to the costs of preventing the spread and elimination of virus
The Bank of Russia and Ministry of economic development are considering the possibility of business to request a deferral of lease payments by analogy with the rental payments. This was stated by the representative of the Central Bank Mikhail Mamuta
The Central Bank made a second and more ambitious anti-crisis package of measures. It allowed banks to 30 September not to create reserves in the restructuring of loans to individuals and significantly expanded the list of victims of the pandemic industries that can be applied concessional restructuring

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The Melba House | The field of possibilities

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During a bike ride on a path leading to Vermont, a Montrealer was charmed by an old garage built in the 1970s. The building in...
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