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Ukraine's central bank holds rate steady despite falling inflation
The National Bank of Ukraine voted to keep its benchmark interest rate unchanged at 15.5%, amid steep uncertainty over the country's financing next year.
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Thursday, December 11
'Elections or referendum' — Zelensky affirms Ukrainians will decide territorial concessions
"The Russians want the whole of Donbas — we don't accept that," President Volodymyr Zelensky said. "I believe that the Ukrainian people will answer this question," he added.
Ukraine war latest live: US presses Ukraine, not Russia, to pull back troops for proposed Donbas buffer zone, FT reports
Hello, this is Kateryna Hodunova reporting from Kyiv on day 1,387 of Russia's full-scale invasion of Ukraine. Today's top story so far: The U.S. is pressing Ukraine, but not Russia, to pull back troops in Donetsk and Luhansk oblasts near the eastern border of a potential demilitarized zone, the Financial Times (FT) reported on Dec. 11, citing a Ukrainian official familiar with the latest version of the U.S. peace plan. Trump's initial 28-point peace plan called for establishing a "neutral, de
Ukraine, EU agree to advance technical side of accession talks as Hungary blocks formal launch
The European Commission and Kyiv have agreed on a 10-point action plan to tackle corruption and strengthen democratic institutions in Ukraine as part of its path to membership, EU Enlargement Commissioner Marta Kos announced.
Europe’s plan to fund Ukraine is being blocked by one company — Euroclear
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
US sides with Russia on UN resolution on Chornobyl disaster
Washington's representative said the U.S. voted against the resolution not because it opposed nuclear safety measures, but because it objected to references to the UN's 2030 Agenda for Sustainable Development.
Ukraine targets Moscow with mass drone attack, mayor claims, 4 airports temporarily closed
At least 31 drones have been shot down over the Russian capital, according to Moscow Mayor Sergey Sobyanin. All four airports in the region have suspended operations.
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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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Protesters recorded a video appeal to Russian President Vladimir Putin, saying the removal of support would leave them unable to survive financially.
