Rusisan tennis star Sharapova comments on her performance in VTB Kremlin CupSport October 17, 19:29
Russia blacklists almost 400 football fansSport October 17, 18:48
Window for dialogue with Ukraine still open — diplomatRussian Politics & Diplomacy October 17, 18:40
Sharapova out of 2017 VTB Kremlin Cup in Moscow after 1st roundSport October 17, 18:35
Ten Russian universities included in Times Higher Education rankingSociety & Culture October 17, 18:00
Diplomat reveals foreign structures behind wave of fake ‘Russian embassy’ accountsRussian Politics & Diplomacy October 17, 16:57
Russian Guard, police may get electroshock shields for special operationsMilitary & Defense October 17, 16:41
Catalonia promises not to give up independence bidWorld October 17, 16:21
Political strife off the radar as Syria plays in 2018 FIFA World Cup qualifiersSport October 17, 16:16
MOSCOW, January 28./TASS/. The 'bad debt' list is aimed at preventing the bankruptcy of large enterprises, and not the capitalization of banks, Deputy Finance Minister Alexey Moiseev said.
"This measure is not aimed at bank capitalization, it is aimed at solving the problems of enterprises. This is not a classic bank of bad assets, which is used to capitalize banks. This is to help prevent bankruptcy of large enterprises, which can be a problem," Moiseev said.
However, he has not yet explained how the measures will be implemented. The funding for the measure has not been specified.
Russian's Finance Ministry and Economic Development Ministry has until January 30 to prepare 'bad debt' list and report back to the government. This is one of the priority measures written in the anti-crisis plan published on the Ministers’ Cabinet website.
The task is aimed at improving the banking system stability, as well as the improvement of the real sector of the economy.