President of Russia signed an order that explains how inhabitants of Crimea will cover their debts to Ukrainian banks. Accomplices of the Russian invaders in Crimea hope that after the Crimean annexation their debts to the Ukrainian financial institutions will be forgiven. The low “About specifics of regulation of debts of borrowers on the territory of Republic Crimea and on the territory of Sevastopol” from December 23, 2016 is already validated.
According to an order, the debts should be covered in rubles. The doubt since March, 2014 will shrink up to the amount of money already paid after this date.
Also the low regulates terms of personal loans.
On March, 2014 in Crimea took place a referendum. According to the results Crimean Peninsula was occupied by Russia.