Russian President Vladimir Putin has signed a decree granting debt relief to new military recruits as Moscow continues its efforts to bolster its armed forces amid Mosow's invasion of Ukraine.

Recruits who have signed a contract after May 1 this year will have debts of up to 10 million rubles (€119,646, $139,273) canceled under the decree.

What else does Putin's debt relief decree stipulate?

The decree, signed on Monday, covers not only the recruits themselves but their spouses as well.

To receive the debt exemption, the contract with the army must be for at least one year.