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Russians stranded as tour company folds
Monday, 05 Aug, 2014
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As many as 27,000 Russian tourists are stranded abroad after a Russian tour firm, Labirint, suspended operations.
Quoting a company statement (in Russian), the BBC reported the move was blamed on a deterioration in the rouble exchange rate and the “negative political and economic situation”.
The BBC said there are signs that EU-US sanctions on Russia over the Ukraine crisis are hurting the wider economy, including Western investment in Russia.
An agency assisting Russian tourists, Turpomoshch (Tour Help), said in a statement it is now trying to book Russians onto return flights in various countries.
Last month another Russian tour operator, Neva, also went bust.
Ian Jarrett
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