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EBRD: Ukraine’s economy to shrink by a fifth this year.

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According to the European Bank for Reconstruction and Development, the economy may bounce back in 2023, growing 23%, under a scenario where a ceasefire is brokered within several months. “Currently, the war is happening on territories that produce 60% of Ukrainian GDP,” the EBRD said in the report.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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After discovering gas canisters at the scene of the fire in Kramatorsk, Donetsk Oblast, members of the 12th Special Purpose Brigade "Azov" deployed a Zmiy unmanned ground vehicle (UGV) to avoid putting soldiers at increased risk.

Around 200 Ukrainian troops are based in Libya in cooperation with the government in Tripoli, sources told Radio France Internationale. These forces are allegedly responsible for the March 3 strike on a Russian oil tanker in the Mediterranean Sea.

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