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Find your perfect present from Ukraine with our holiday gift guide

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German Chancellor Merz, President Zelensky, U.S. envoy Witkoff, and Kushner in Berlin, Germany, on Dec. 15, 2025.
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Art of the (peace) deal: Ukraine teases $800 billion economic peace plan to keep Trump on side

by Dominic Culverwell

Behind closed doors, Ukraine and its allies are discussing the war-torn country’s economic recovery alongside a potential peace deal. At the heart of these conversations is the new so-called Economic Prosperity Plan — a package "for economic recovery, restoring jobs, and bringing life back to Ukraine," President Volodymyr Zelensky told reporters on Dec. 30. Ukrainian officials say rebuilding the country and jump-starting long-term growth will require as much as $800 billion over 10 years — rou

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Tuesday, January 13

Ukraine war latest live: Belgorod governor warns of possible evacuation as Russian border region reels from power outages

This is Jared Goyette, blogging from a cold, blacked-out apartment in Kyiv on day 1,420 of Russia’s full-scale invasion of Ukraine. Our top stories today: * 'Russia is trying to disconnect Kyiv' — Supermarkets, public transport struggle after yet more strikes on energy infrastructure * Project Nightfall — Everything we know about the UK's ballistic missile program for Ukraine * ‘The situation now is the worst’ — Kyiv’s energy crisis deepens after Russia pounds power grid What we're coverin

Parliament fails to appoint energy minister; Vacancy left open for months as energy crisis deepens

Parliament failed to appoint former Defense Minister Denys Shmyhal as the country's next energy minister. The nomination failed to gather enough support, stopping 16 votes short. The energy ministry remains without a head for nearly two months, as Kyiv and other Ukrainian regions are facing a dire energy situation, with Russia targeting the country's critical infrastructure. The parliament convenes on Jan. 13 to vote on a proposed government reshuffle initiated by President Volodymyr Zelensky.

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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