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War: Cuba slowly sliding to capitalism
  • Vitaliy_KiselevVitaliy_Kiselev

    The Council of State of Cuba has passed legislation regulating the creation and operation of small and medium-sized companies with up to 100 employees. "We continue to take decisive steps to update the economic model" of the republic, said the president of the republic, Miguel Diaz-Canel on Saturday, August 7th.

    In February, the Cuban authorities decided to attract private business to the state economy, opening up most industries for small entrepreneurs and self-employed. About 600 thousand out of 11.33 million inhabitants are engaged in private entrepreneurship.

    In USSR early steps had been identical to this.

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