Ukraine risks default if the nationalization of PrivatBank is overturned, President Petro Poroshenko said on Thursday, after a lower court ruled the 2016 nationalization of the country’s largest lender was illegal.
Reuters: President claims Ukraine risks default if PrivatBank nationalization overturned
Ukrainians wait in line outside a newly nationalized PrivatBank branch in Kyiv on Dec. 19, 2016.
