29 of May. The day before, Ukraine made another step in the direction of default. The President of Ukraine Petro Poroshenko signed the law granting the Cabinet the right to impose a moratorium on payments on external liabilities.
On the official website of the Verkhovna Rada says that the document is returned to the Parliament with the signature of the President. The law will come into force on the day following its publication in the official press.
This bill was adopted by the Parliament on 19 may. The bill allows you to suspend payments on the restructured external debt. In the list of debt obligations, which may be suspended repayment obligations were and Eurobonds purchased by Russia in late 2013 for $ 3 billion. Regular payment on Eurobonds is scheduled for June 20.
