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Ukraine fails to pass IMF-backed reforms, despite millions of dollars on the line
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Ukraine fails to pass IMF-backed reforms, despite millions of dollars on the line

by Luca Léry Moffat

Ukraine's access to billions in much-needed cash is once again hanging in the balance as lawmakers stumble on reforms. Having already missed deadlines on a long list of legislation required by the European Union, World Bank, and International Monetary Fund, Ukraine's parliament made limited progress during a plenary session on May 26 and 27 — failing to pass a new IMF tax and withdrawing other bills at the last minute for fear of a lack of votes, said lawmakers who spoke with the Kyiv Independe

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Ukraine's path to EU runs through this small Hungarian community in Carpathians

Soon after taking office, Hungary's Prime Minister Peter Magyar appeared ready to normalize bilateral relations with Ukraine. Soon, however, the newly elected prime minister played his predecessor's tune, declaring that the Hungarian minority in Ukraine's Zakarpattia Oblast "lacks basic rights," and complaining that its linguistic and cultural freedoms are being curtailed. Magyar signaled he would obstruct the launch of Ukraine's formal EU accession talks until the issue is resolved — potentia

Hungarian opposition leader Péter Magyar during an interview in Vienna, Austria, on May 21, 2026.

Ukraine war latest: Russia bolsters Moscow air defense as drone threat increases

Key developments on May 28: * Russia deploys new Pantsir systems on Moscow rooftops as Ukrainian drone threat grows * 3 Russian shadow fleet tankers attacked by drones near Turkey's Black Sea coast * Sweden announces 16 Gripens for Ukraine * Ukraine strikes Tuapse oil refinery again, General Staff vows 'systematic' strikes on Russia's military-industrial targets * Norway opens talks on joining French nuclear deterrence initiative Russia appears to have begun deploying new Pantsir-SMD-

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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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