​Poroshenko signs law allowing moratorium on Ukraine’s foreign debt payment

‘The Ukrainian parliament approved the bill, which could affect repayment of the country’s $3-billion debt to Russia on May 19.

Russian President Vladimir Putin said earlier the bill de facto was an announcement of a default, casting a negative light on the professionalism of Ukraine’s leadership.

Moreover, Russian Finance Minister Anton Siluanov said that Moscow would turn to an international court if the Ukrainian president signed a moratorium on the repayment of foreign debt.’

Read more: ​Poroshenko signs law allowing moratorium on Ukraine’s foreign debt payment