Ukraine’s central bank has established “flexible” guidelines for the restructuring of debt assumed by green energy producers.

Ukraine’s central bank has established “flexible” guidelines for the restructuring of debt assumed by green energy producers. The National Bank of Ukraine website writes: “The NBU has provided for a possibility for the banks to apply restructuring instruments irrespective of the status of the borrower’s existing leverage.” Kyrylo Shevchenko, the new central bank governor, previously ran UkrGasBank, the nation’s largest lender to solar and wind projects.

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Borys Paton, the Ukrainian engineer who chaired the National Academy of Sciences for 58 years, has died in Kyiv at 101.

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The IMF has yet to set a date for the review of the Standby Agreement, a review that was to be in September.