A significant factor damaging Russia's reputation as an investment destination is the high quantity of promissory notes that are not fulfilled. As a proportion of total late payments, about three-quarters are the debts of enterprises from the real sector of economy, and about a quarter are those of individuals. In the last year alone, the unpaid debts of Russian companies increased almost threefold, and according to official information from the Central Bank of Russia (CBR) exceeded 6% of total debts.
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