Home / Money / Die Welt: to patch gaps in the economy, the Kremlin will reach in my pocket to “garazhniki”

Die Welt: to patch gaps in the economy, the Kremlin will reach in my pocket to “garazhniki”

Die Welt: чтобы залатать бреши в экономике, Кремль залезет в карман к «гаражникам»

Due to acute shortage of money the Kremlin’s attention was attracted by the representatives of the “garage of Economics”, Die Welt reported. As revenues from the sale of resources has decreased dramatically and access to Western capital is very limited, Moscow “feverishly” looking for new sources of revenue, says the publication.

The phenomenon of “garage economy” in Russia has a long tradition, writes Die Welt. Its roots it takes in the days of the Soviet Union, when garages have started to use as small workshops, so as “to fill the gaps in the planned economy.”

To this day, in the garage of the Russians is boiling all kinds of activities, from making furniture to cutting hair, the newspaper reports. “One thing unites them all: no one pays taxes”.

Still “garazhniki” hardly anyone bothered – despite the fact that the authorities are well aware of the existence of this phenomenon, said Die Welt. The attention of President Putin to their activities, they have attracted due to the fact that “the state needs the money more than ever.”

As revenues from the sale of resources has decreased dramatically and access to Western capital is very limited, Moscow “feverishly looking for new sources of income, – says the publication. – “Garazhniki”, of course, is unable to fill gaping holes, but they can make a contribution”.

The Kremlin remained only to carry out “gerkulesovy work” – to proceed to the legalization of the “garage economy”, emphasizes Die Welt. “In reality, no one knows how to react to mass if they will cut a livelihood”.

Check Also

Research, re-measure – and don’t rush: how to avoid a kitchen extension nightmare

Absent builders, dodgy contractors, endless delays – our renovation project quickly went off the rails. …