How ordinary Russians will have to save Gazprom from bankruptcy
The weakening ruble has driven the value of Gazprom shares down to $1, marking a historic low.
▫️ The Russian gas giant is headed toward bankruptcy. Amid an increasing tax burden and declining export revenues, the only way to keep the company afloat is by raising gas tariffs for the population.
Meanwhile, as the Kremlin pours billions of rubles into the war daily, the burden of saving Gazprom—hailed by officials as “the national treasure of the Russian Federation”—will fall squarely on the shoulders of ordinary Russians.
