Rada of Ukraine adopted the law on the restructuring of foreign currency credits
\x8B at the exchange rate on the day of conclusion of the credit agreement, entered a two-year moratorium on collecting deposits, but most importantly - you can write off up to 85% of the principal....

The Parliament of Ukraine adopted in the 3rd and final reading the Law on the restructuring of foreign currency consumer loans. Obligations will be possible to transfer into hryvnia at the exchange rate on the day of conclusion of the credit agreement, entered a two-year moratorium on collecting deposits, but most importantly - you can write off up to 85% of the principal.
The write-off will be may be, if the total payments on the loan prior to the entry into force of the law exceeded 15% of the principal amount. Such a decision at the meeting of the Verkhovna Rada has supported 229 parliamentarians with the necessary minimum of 226 votes.
Rally to demand the restructuring of foreign currency loans was held on Thursday outside the Parliament building. The protesters demanded the adoption of a law which provides for the conversion of foreign currency loans at the rate of five per dollar, which was before the financial and economic fall of 2008. At the moment the rate of the national currency - 21 hryvnia per dollar.
"Restructuring of the existing obligations of a borrower under a consumer loan, namely the unpaid loan amount and accrued but unpaid % effected by changes in currency obligations for consumer credit to the national currency at the official rate of NBU on the date of signing of the credit agreement ", - said in the text of the law.
According to the document, Within 2 years from the date of entry into force of the law establishes a moratorium on the imposition of any property of borrowers or their guarantors that are contained in the pledge.
"if during the period of use of consumer credit before the entry into force of this law the total amount realized by the borrower payments under the agreement exceed 15% of the total principal amounts of the Obligations of the borrower to the lender are deemed to be fulfilled ", - reported in the document. The bill still must be signed by the head of Ukraine.