Ministry of Labor of the Russian Federation will decide on the fund for payments to employees of bankrupt firms

Prime Minister Dmitry Medvedev instructed December 3 the Ministry of Labour to study the feasibility of establishing a fund for payments to employees of bankrupt firms. The corresponding order was published on the website of the Russian Government. "Russian Ministry of Labor, Ministry of Economic Development in Russia, Russian Ministry of Finance, Ministry of Justice of Russia ... taking into account the results of the analysis of the practice of the Russian legislation to study the feasibility of questions ... establishing a fund to provide financial repayment of wage arrears to workers of bankrupt companies. On the results to March 15, 2017 report to the Government of the Russian Federation ", - the document says. Also, the prime minister instructed the Government to January 25, 2017 report on the outcome of repayment of wage arrears in Russia.