: Ukraine's Parliament extends indefinitely moratorium on 'Russian debt' repayment

12:35 Apr. 12, 2016

Ukraine's Parliament extends indefinitely moratorium on 'Russian debt' repayment

Volodymyr Groisman and Andriy Paruby during the session of the Verkhovna Rada of Ukraine, April 12, 2016 (UNIAN Photo)

242 deputies have supported the bill concerning non-payment of debt

Ukraine's Parliament (the Verkhovna Rada) on Tuesday, April 12, supported the move to extend for an indefinite period the moratorium on repayment of the so-called "Russian debt", an UNIAN correspondent reports.

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242 deputies (with a required minimum threshold of 226 votes) have supported the bill on amendments to Article 4 of the Law of Ukraine "On peculiarities of the transactions with the public debt, state-guaranteed debt, and local debt" with respect to its entry into force.

While presenting the bill, Deputy Finance Minister Oksana Markarova noted that the abolition of the rules on the deadline of the moratorium will first of all regard the billion 'Russian' Eurobonds, which were due to be repaid in 2015, and a 0 million loan to Ukravtodor guaranteed by the state.

Reporting by UNIAN

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