The President’s party Servant of the People had a majority in parliament, so therefore Honcharuk had every opportunity to push reforms over the line during his tenure, says Jakubin. Expectations set too high?Īleksey Jakubin, who is an associate professor at Kyiv Polytechnic Institute and an expert in Ukrainian politics, told Euronews that it is all too easy to claim that the time for reforms in is over in part because reforms take a long time, but also because the previous government under Honcharuk was incompetent. Ukraine's central bank chief quits over 'systematic political pressure'Īt the beginning of July, the governor of the National Bank of Ukraine, Yakiv Smolii, handed in his resignation because of “systematic political pressure,” which, he said, makes it “impossible for me, as chairman, to effectively manage the National Bank.” Some experts see the dismissal as yet another example of the deteriorating situation in Ukraine, where they fear that the independence of the Ukrainian National Bank is under pressure, which could jeopardise the country’s IMF loan.
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