Immediately following Russia’s full-scale invasion of Ukraine in 2022, Anton*, a restaurateur in St Petersburg, feared the worst for his business.
Foreign visitors disappeared. Interest rates soared as Russia anticipated an economic collapse fuelled by western sanctions. Locals had no time for eating out, he says.
But Anton need not have worried: over the past two years the situation has completely reversed. Russians are flush with extra cash — and eager to part with it.
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