Kyiv will have to improve its revenue collection and how efficiently it spends money, the European Commission said in a press release on May 20, if it wants to access more than $8 billion of the loan.
TALLINN, Estonia — Among Estonians, there is little confidence that U.S. President Donald Trump would rush to defend their country in the event of a Russian invasion. As a 1.3-million-strong NATO member sharing a border with Russia, Estonia would likely be at the forefront of a potential conflict between the alliance and Moscow — a prospect seen as increasingly realistic since the full-scale invasion of Ukraine in 2022. Publicly, Estonian officials have cast a confident note. While Russia rem
Local residents reported that an oil refining unit at Rosneft's Syzran plant was struck in the Ukrainian attack.
Defense Minister Mykhailo Fedorov said Ukraine plans to increase production of the missiles "tenfold" and build additional stockpiles for the fall and winter seasons.
"The enlargement process takes much too long" and "understandably, this creates frustration," said the German chancellor.
"We will not allow Ukrainian or any other imported product to endanger the livelihood of Hungarian farmers and the supply of healthy food to the Hungarian people," said the country's agriculture minister.
Residents in affected areas were urged to remain indoors and seek shelter.
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.
When 23-year-old Russian student Valery Averin signed a military contract in January after being recruited into Russia’s drone forces campaign targeting students, he was told he would train as a drone operator. Three months later, he was dead near Luhansk after reportedly being sent into an assault unit despite having no military experience. His case, reported by the BBC Russian Service, appears to be the first known death linked to Russia’s growing campaign to recruit university and college st
