Skip to content
Edit post

France signs agreement on debt repayment suspension for Ukraine

by Haley Zehrung June 7, 2023 7:16 AM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

Ukraine and France signed an agreement on official debt repayment suspension on June 6, the Ukrainian Finance Ministry announced on its website.

“Suspending payments on the official debt will reduce the debt burden on the State Budget of Ukraine and direct funds to finance priority needs and support the war-affected economy,” said Ukrainian Finance Minister Sergii Marchenko about the signing of the agreement.

In September 2022, Marchenko signed a Memorandum of Understanding on official debt service suspension with Canada, France, Germany, Japan, the United Kingdom and the United States of America.

The memorandum "aimed at mitigating the economic consequences of Russia's war of aggression against Ukraine," according to the Finance Ministry.

Timothy Ash recently considered the question of Ukraine's debt regarding plans for the country's post-war reconstruction, calling for alternative sources of financing such as frozen Russian assets or private sector resources.

Timothy Ash: Some concerns on Ukraine’s reconstruction
As we approach the much heralded and expectant Ukraine Recovery Conference due to be held in London later this month, I cannot help but feeling a little perplexed, or even disturbed by a number of developments – is it just me? But... First, I am just amazed how quickly an industry
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
11:05 AM

Russian attack on Kharkiv kills 7, injures 20.

Russian forces launched attacks against Kharkiv Oblast on May 23, killing at least seven people in Kharkiv and injuring at least 20, as well as at least 11 elsewhere in the oblast, as reported by local officials and a Kyiv Independent reporter.
10:50 AM

Russian media: Gerasimov's deputy detained over suspected bribery.

Lieutenant General Vadim Shamarin, the deputy chief of the Russian Armed Forces' General Staff and head of the Main Directorate of Communications, was detained for allegedly receiving a large bribe, the Russian state-owned news agency RIA Novosti reported on May 23, citing a court statement.
10:12 AM

Norway to further restrict entry for Russian tourists.

Russian citizens arriving in Norway for tourism and "other non-essential travel" will be rejected upon entry across the external border from May 29, the Norwegian government said. Exceptions will be granted in certain cases.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.