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    Ukraine May Now Suspend Payment on Restructured Foreign Debt

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    Ukraine's parliament adopted a government law on Tuesday allowing to suspend payments on restructured foreign debt.

    KIEV (Sputnik) — The law was adopted by 256 votes, while the minimum necessary for a bill to be pushed through the Ukrainian parliament amounts to 226.

    The new law also concerns Eurobonds, which Russia bought in 2013 from Ukraine in the amount of $3 billion.

    The law will be valid until July 1, 2016.

    Earlier, the Ministry of Finance of Ukraine called on its international creditors, including Russia, to negotiate debt restructuring, which was essential to the normalization of the economic situation in the country.

    Related:

    Russia Remains Final Holder of Ukraine’s $3 Billion Debt - Finance Minister
    Russia Has No Plans to Restructure Ukraine's Debt of $3 Billion
    Ukrainian Debt Bomb Ticks Closer to Sovereign Default
    Creditors Refuse to Write Off Ukraine’s Debt
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    debt, Ukrainian Finance Ministry, Ukraine
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