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Under fire, Ukraine becomes Europe's energy defense instructor
Business

Under fire, Ukraine becomes Europe's energy defense instructor

by Dominic Culverwell

As Russian drones test Europe's skies, European governments are turning to the one nation that knows this battle best. Ukraine’s state power company, Ukrenergo — which as the chief transporter of the country's electricity has borne the brunt of Russia’s drone and missile attack campaign on the energy system — has been advising and training counterparts in Germany, Poland, and Lithuania since the summer. If Russia’s drone incursions into Europe escalate, "there could be sabotage or hybrid attac

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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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About the author: Olena Havrylchyk is a Professor of Economics at the University Paris 1 Panthéon-Sorbonne. The proposal to use immobilized Russian assets to finance a "reparation loan" for Ukraine will again be discussed at the next European Council meeting on Dec. 18 and 19. The purpose of this loan is to advance Russia’s future reparations in order to cover Ukraine’s reconstruction and recovery needs, which are estimated at 506 billion euros (nearly $589 billion). At the previous summit, B

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