Tymoshenko: Cabinet to recapitalize five Ukrainian banks
Yulia Tymoshenko, Ukraine's Prime Minister (Courtesy)

Tymoshenko: Cabinet to recapitalize five Ukrainian banks

May 23 at 13:37 | Interfax-Ukraine
Kyiv, May 23 (Interfax-Ukraine) - Ukrainian Premier Yulia Tymoshenko has said that the government plans to recapitalize five Ukrainian banks.

"I want to inform you that we plan to help our banks... in particular, the government plans to recapitalize five Ukrainian banks," she said on Saturday at an open cabinet meeting.

As reported, in late April 2009, the information that seven Ukrainian banks would be take part in the recapitalization conducted by the government was spread.