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Economy Minister: Recession in Ukraine more dramatic than expected.

by The Kyiv Independent news desk November 10, 2022 12:55 AM 1 min read
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Due to the destruction of civilian infrastructure by Russia, Ukraine’s gross domestic product will likely fall by 39% year-on-year in 2022, compared to the previous forecast of 35%, Economy Minister Yulia Svyrydenko told Die Zeit. As a response to the recession, Kyiv is taking steps to downsize the government, she said. Svyrydenko also said that she is exploring the possibility of privatizing small state-owned companies.

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7:09 AM

EU leaders call for tougher sanctions on Russia at G7 summit.

"To achieve peaceful strength we must put more pressure on Russia to secure a real ceasefire, to bring Russia to the negotiating table, and to end this war. Sanctions are critical to that end," European Commission President Ursula von der Leyen said.
3:06 AM

Russia attacks Kyiv Oblast with drones, injuring 1.

Russia launched a series of drone attacks on Kyiv Oblast overnight on June 15-16, targeting both the capital city and regional settlements, according to government officials. A 60-year-old man has been injured.
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