"In 2025 (...) growth was supported by domestic trade, construction, (...) the production of defense products and metallurgy," Oleksiy Sobolev, Ukraine's economy minister, said in a press release.
This is Yuliia Taradiuk reporting from Kyiv on day 1,429 of Russia's full-scale invasion of Ukraine. Today's top story: Active battles continue in the Pokrovsk direction, Commander-in-Chief Oleksandr Syrskyi said on Jan. 19, adding the operational situation remains difficult with a "gruelling confrontation" taking place. According to Syrskyi, around 50 combat clashes are taking place in the area every day as Russian troops try to increase pressure on Ukrainian positions in Pokrovsk and Myrnoh
The development is driven by a stronger ruble and low oil prices, according to the news agency.
Moscow is currently studying the proposal, Kremlin spokesperson Dmitry Peskov told reporters, according to state news agency TASS.
Chief of the Royal Danish Army Major General Peter Boysen will also deploy to the island alongside soldiers.
Ukraine needs at least $27 billion in military equipment from non-European Union sources in 2026, highlighting the bloc's dependence on American technology to support Kyiv, negotiating documents show. The EU is set to spend 60 billion euros ($70 billion) on Ukraine's defense as part of a larger 90-billion-euro support package agreed in December, an unprecedented sum that European leaders hope will reboot its military industrial base and support the Ukrainian military’s continued operation durin
"NATO has been telling Denmark, for 20 years, that 'you have to get the Russian threat away from Greenland,'" Trump said, accusing Denmark of being unable to counter it.
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.
Disconnecting Ukraine's nuclear power plants would take the crisis one step further — Ukrainians would be fully cut off from electricity and heating in subzero temperatures.
