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Under fire, Ukraine becomes Europe's energy defense instructor
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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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Ukraine war latest: US, Ukraine peace talks to continue on Dec. 15 in Berlin as Zelensky calls for 'Article 5-like' security guarantees

Key developments on Dec. 13-14: * US, Ukraine peace talks to continue on Dec. 15 in Berlin as Zelensky calls for 'Article 5-like' security guarantees * Russia’s December oil and gas revenue set to drop to lowest level since 2020, Reuters reports * US lifts sanctions on Belarusian potash, as Minsk releases over 100 political prisoners, including top opposition figures * Ukraine says it destroyed pipeline Russia used to infiltrate Kupiansk, releases video * Ukraine sanctions nearly 700 vesse

This is the momentum for Europe to act: seize Russian assets

About the author: Margus Tsahkna is Estonia’s foreign minister. If Europe truly wants to be a real player in the geopolitical arena and to shape its own security and future, it must match strong words with decisive action. Europe has one powerful lever in its hands right now: Russia’s frozen assets. It’s time to use them. Around 210 billion euros ($246 billion) in Russian central bank assets are sitting frozen in Europe for one reason: Russia chose a full-scale war of aggression. And internati

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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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