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☆ Putin signs law allowing some Russian recruits to write off bad debts worth up to almost $100K as combat losses mount in Ukraine
  + stars: | 2024-11-24 | by ( Rebecca Rommen | Nathan Rennolds | ) www.businessinsider.com   time to read: +3 min
AdvertisementRussian President Vladimir Putin signed a law on debt forgiveness for certain recruits on Saturday. It allows for up to $96,000 in debt forgiveness for those who sign a minimum one-year contract to fight in Ukraine. Russian President Vladimir Putin has signed a law allowing debt forgiveness for certain troops who sign up to fight in Ukraine. The new law, which also extends to the spouses of recruits, comes amid mounting Russian combat losses in Ukraine. The latest legislation follows President Joe Biden's decision to allow Ukraine to strike Russia with US-provided long-range missiles.
Persons: Vladimir Putin, Putin, Carl Bildt, Russia's, Bildt, Tony Radakin, Mark Rutte, Joe Biden's, Biden scrambles, Donald Trump's Organizations: Saturday, Duma, European Council, Foreign Relations Council, Defence Staff, NATO, Ukraine's Ministry of Defense, General Staff, Ukrainian Armed Forces Locations: Ukraine, Sweden, Russia, Moscow
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