Rada prolongs moratorium on bankruptcy of coalmines by early 2015

15:54, 25.03.2013 1 min read

The Ukrainian parliament has extended a moratorium on the bankruptcy of coal mines until January 1, 2015.

Some 269 of the 350 registered MPs voted to amend the law to restore the solvency of the debtor or declare it bankrupt.

The law extends until January 1, 2015 the moratorium on the bankruptcy of mining companies in which the state holds a stake in the charter capital of not less than 25%.