“We are preparing yet another anti-crisis law on simplified bankruptcy of citizens,” he quoted RIA Novosti as saying during a meeting.

Earlier, the Federation Council approved the law on credit holidays for citizens, individual entrepreneurs and small enterprises, who found themselves in difficult circumstances in connection with the spread of coronavirus.

As explained by Sberbank, the basis for obtaining a credit vacation may be quarantined after arrival from abroad or on vacation without pay, as well as job loss due to an outbreak of coronavirus infection.

On March 25, Russian President Vladimir Putin, while addressing citizens, proposed introducing credit vacations for Russians who were in a difficult life situation due to the influence of coronavirus on the economy.