euromaidanpress.com
Nationalization of Privatbank: a promising chapter in Ukrainian reforms |
Article by: Dirk Mattheisen The nationalization on December 18 of Privatbank, Ukraine’s largest bank by assets, opens a new and promising chapter in the reform of Ukraine. Privatbank’s nationalization due to a slow boiling insolvency crisis that threatened to undermine Ukraine’s financial system was a necessary and overdue measure to stabilize Ukraine’s financial system given …