Ukraine needs to restore confidence in the financial sector after the banking sector cleansing.
"After cleansing of the banking sector, Ukraine now needs to restore confidence in the financial sector, in particular by ensuring the independence of the NBU and improving corporate governance of state-owned banks," Head of the EU Delegation to Ukraine Matti Maasikas said at the “Reforms Forum: On the Road to Vilnius”, an Ukrinform correspondent reports.
In this context, the diplomat added that taxpayers should receive “some benefit” from this process and not to worry that their money saved as a result of the banking sector cleansing would "be stolen again or be abused."
Among other reform steps Ukraine still needs to take, Maasikas mentioned the reform of the Ukrzaliznytsya (Ukrainian Railways) and river shipping. According to him, the privatization of state-owned companies is an important part of this process.
Finally, the diplomat assured that the EU was ready to continue to contribute to the development of Ukraine's economy and further implementation of the Association Agreement with the EU.