27 October 2016

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Law allowing companies to restructure debts owed to banks becomes effective Oct 19

The law on financial restructuring, regulating the procedure for restructuring operating businesses' debts owed to banks, the adoption of which allows Ukraine to fulfill its obligations outlined in the Memorandum of Cooperation with the International Monetary Fund (IMF), will become effective on October 19, 2016, three months after its publication.

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