Putin told how the state saved Russian business in 2008
Russian President Vladimir Putin told how in 2008-2009 the state had to support large Russian companies that were on the verge of bankruptcy due to the global financial crisis.
Russian President Vladimir Putin told how in 2008-2009 the state had to support large Russian companies that were on the verge of bankruptcy due to the global financial crisis. According to him, the enterprises have accumulated loans, and after the beginning of the crisis faced with complex covenants that put them on the verge of losing assets.
“The state had to take all the risks. Let me remind you that I was then the Prime Minister. Entrepreneurs, and large companies, came and said, well, take for 1 ruble, for 1 dollar, the whole company, which yesterday was worth tens of billions. You see, it came to that, he said, speaking at a congress of the all-Russian public organization “Business Russia”. RBC is broadcasting.
