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.

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[–] Rocketpoweredgorilla@lemmy.ca 38 points 14 hours ago (1 children)

Hmmmmm I wonder why...

[–] CanadaPlus@lemmy.sdf.org 23 points 13 hours ago

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

[–] MentalEdge@sopuli.xyz 43 points 15 hours ago (1 children)

So it's another way to pay fighters using the money of lenders?

What, is the government running low on funds?

And a one-year contract? That's a little much for a small three-day operation.

[–] Tar_alcaran@sh.itjust.works 11 points 12 hours ago (1 children)

A one year contract, and when it's over, an indeterminate extension.

What, is the government running low on funds?

Yes. Why do you think interest is at 20-something percent. Better to pay soldiers with other people's money than to inflate your currency even more.

[–] MentalEdge@sopuli.xyz 7 points 12 hours ago

that's_the_joke.webp

[–] hemko@lemmy.dbzer0.com 15 points 14 hours ago

Ah, good old slave army

[–] mp3@lemmy.ca 2 points 9 hours ago

Time to party like a madman before going to the front and hopefully manage to defect deft-free on Putin's tab.