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Energy Minister: Ukraine’s energy industry loses $2 billion since Feb. 24.

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In an interview with Ekonomichna Pravda, Ukrainian Energy Minister Herman Halushchenko said that the estimated sum includes not only the value of assets but also the underproduced electricity and foregone earnings from its sale.

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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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A federal court has temporarily halted the operations of 15 corporations and eight individuals under the Kyiv-based firm Genesis Tech, which the U.S. Federal Trade Commission said in a public statement deceived consumers with hidden costs, recurring charges, and convoluted mechanisms to cancel subscriptions.

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