Ukrainian president says central bank head 'is protected'

Ukrainian president says central bank head 'is protected'
FILE PHOTO: Ukraine's President Volodymyr Zelenskiy attends a news conference in Tallinn, Estonia November 26, 2019. REUTERS/Ints Kalnins -
Text size Aa Aa

VILNIUS (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Wednesday that the head of Ukraine’s central bank is protected and able to do his job.

Earlier on Wednesday the central bank had accused the former owner of the country’s largest lender PrivatBank <PRVBKT.UL>, Ihor Kolomoisky, of paying protesters to demonstrate outside its building to disrupt its work and “create chaos”.

A protracted legal battle between Kolomoisky and the Ukrainian authorities is being closely watched by investors and could weigh on Ukraine’s negotiations with the International Monetary Fund. Authorities warn the IMF may freeze aid if PrivatBank’s 2016 nationalisation is reversed.

(Reporting by Andrius Sytas; editing by Matthias Williams and Louise Heavens)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.