Markets and international observers reacted negatively to the court ruling.

Friday, April 19, 2019
Markets and international observers reacted negatively to the court ruling.

Markets and international observers reacted negatively to the court ruling. Ukraine’s dollar-denominated bonds fell Thursday, according to Refinitiv. The US Embassy in Kyiv immediately posted a statement: “In 2016 Ukraine’s international partners supported the decision of the government and the National Bank of Ukraine (NBU) to nationalize PrivatBank…It is important that the authorities continue their efforts to recover losses from former owners and related parties of failed banks. Ukraine’s international partners will be closely monitoring developments in this area.”

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