Constitutional Court to consider decision that threatens Ukraine’s banking system

The Demokratychna Sokyra party rallies in front of the Constitutional Court of Ukraine during a hearing on July 8, 2020. The court is poised to declare the Deposit Guarantee Fund unconstitutional. The Fund’s function is to sell assets from insolvent banks to help their depositors regain at least some of their money. The court’s decision may have far-reaching negative impacts on the banking sector.