Forgive loans and taxes: what Putin has promised to businessmen

Entrepreneurs will be able to get a loan that they will pay the state. About this at the meeting with the Cabinet, said on may 11 Vladimir Putin.

— If during the term of the loan program the company will maintain employment at the level of 90 % or more of its current staffing levels, after the expiration of the term of the loan the loan and interest thereon will be fully charged. These costs would be borne by the state, the President noted.

we are Talking about a special loan program to support employment, which should start on 1 June. To use it can all the businesses in the affected industries, as well as socially oriented NGOs. Potentially this measure will help to support 7 million jobs.