It has become unbearable: War financing pushes thousands of companies to the brink of bankruptcy in Russia

Thousands of businesses in Russia are on the verge of bankruptcy due to increased taxation aimed at restoring the country's deteriorated public finances. The tax hike, which came into effect on January 1, is suffocating many small and medium-sized enterprises. This financial strain is largely attributed to the financing of the ongoing war, which has put a significant burden on the Russian economy.