Left Menu
Development News Edition

UPDATE 1-Ukraine leader seeks settlement with former PrivatBank owner -paper

Reuters | Kyiv | Updated: 17-09-2019 11:59 IST | Created: 17-09-2019 11:54 IST
UPDATE 1-Ukraine leader seeks settlement with former PrivatBank owner -paper
Image Credit: Twitter (@Matthew_Kupfer)

Ukraine's President Volodymyr Zelenskiy wanted to reach a settlement with the former owner of the country's largest bank, PrivatBank, the Financial Times newspaper quoted Ukrainian Prime Minister Oleksiy Honcharuk as saying.

"I'm completely convinced that we need to concentrate on growth now and look for joint solutions instead of spending our resources on destroying each other," he said in an interview. "So I am very positive about any rhetoric directed towards searching for a compromise."

Honcharuk's comments followed a statement by the former owner of PrivatBank, Ihor Kolomoisky, on Friday, saying there was room for an amicable solution now that Zelenskiy was president. PrivatBank was nationalized against Kolomoisky's wishes in December 2016 and its fortunes are closely watched by investors, because the International Monetary Fund may freeze aid to Ukraine if the nationalization were to be reversed.

The statements by Kolomoisky and Honcharuk come as an IMF mission is in town to discuss a new aid-for-reforms deal with Honcharuk's government, which took charge following a snap July election. Honcharuk and his office did not immediately respond to a request for comment.


TRENDING

OPINION / BLOG / INTERVIEW

Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...

COVID-19: Argentina’s health system inefficiencies exaggerate flaws of health information system

You can recover from a drop in the GDP, but you cant recover from death, was the straightforward mindset of Argentinas President Alberto Fernndez and defined the countrys response to COVID-19. The South American nation imposed a strict...

Videos

Latest News

British PM hails India's vaccine efforts in his UN General Assembly address

British Prime Minister Boris Johnson made a special reference to Indias role in the manufacture and access to one of the most promising coronavirus vaccine candidates currently undergoing trials during his address to the United Nations UN G...

AAI plans to upgrade runways at seven airports by March 2022

The Airports Authority of India AAI is planning to upgrade runways at seven airports across the country by March 2022, senior officials said on Sunday. These seven airports are at Jammu JK, Kolhapur Maharashtra, Jabalpur Madhya Pradesh, Bar...

Tennis-Frosty Azarenka powers through in Paris

Former world number one Victoria Azarenka complained about the playing conditions at the French Open amid light drizzle and low temperatures during her 6-1 6-2 first-round victory on Sunday. The U.S. Open runner-up, who entered court Suzann...

RJD to provide 10 lakh govt jobs if voted to power: Tejashwi

Seeking to lure voters in poll- bound Bihar, the opposition Rashtriya Janata Dal RJD on Sunday promised to provide 10 lakh permanent government jobs if voted to power. The populistic announcement was made at a press conference here by Tejas...

Give Feedback