Storm clouds are gathering at Central Bank of Ukraine: What a way to defend its autonomy

National Bank of Ukraine, their central bank has put up a website to show storm clouds are gathering over the central bank since 18 April 2019. The central bank is being attacked from several fronts…

After the Revolution of Dignity, Ukraine went through the perfect storm of three-way crisis, economic, banking and currency. It looked as though this was a thing of the past for Ukraine, but today we are hearing the thunder of politicians’ populism and pressure from the oligarchs again, we are seeing flashes of lightning in the form of groundless lawsuits and decisions.
Storm clouds are gathering around the National Bank, which is at risk of losing its independence under pressure, and with it – and the ability to ensure price and financial stability. This is not a private storm affecting one institution, just like the National Bank is not a private bank, but an institution working for the prosperity of every Ukrainian.
Amazing to note how the government has not asked to close this website!

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