The new legislation will allow those who sign a one-year contract to fight in Ukraine after December 1 to free themselves of existing bad debts. It also covers their spouses.

The law concerns debts where a court order for collection was issued and enforcement proceedings began before December 1, 2024. The total amount of unpaid debt that can be covered is 10 million rubles, around $96,000 at current rates.

Ukraine also has legislation allowing those fighting to get preferential terms for loans and in some cases to write off debts.

  • CanadaPlus@lemmy.sdf.org
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    2 days ago

    They also just have to increase interest rates so they don’t have massive inflation. Economically, they’re burning the furniture for heat.