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Zelenskiy signs law allowing suspension of Ukraine debt payments until Oct. 1
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Zelenskiy signs law allowing suspension of Ukraine debt payments until Oct. 1
Jul 31, 2024 2:35 AM

July 31 (Reuters) - Ukraine's President Volodymyr

Zelenskiy has signed a law allowing the government to suspend

foreign debt payments until Oct. 1, the parliamentary database

showed on Wednesday.

The move paves the way for a moratorium to be called that

would formally mark a sovereign default for Ukraine.

Earlier this month, Ukraine announced a preliminary

restructuring deal with a committee of those holding $19.7

billion in bonds - its second debt rework in a decade prompted

by Russia's invasion.

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