Business

Find your perfect present from Ukraine with our holiday gift guide

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A Ukrainian flag flies above the headquarters of the Ukrainian Finance Ministry in Kyiv, Ukraine, on Feb. 8, 2017.
Business

What Ukraine's ballooning debt means for its economy, and future

by Luca Léry Moffat

Ukraine's debt is ballooning. By the end of last year, the country owed over $213 billion to creditors — a hair's breadth away from the size of the country's entire economy. That doesn't include a new 90-billion-euro loan to Kyiv agreed by European leaders at a summit on Dec. 19, of which a sizable chunk will add to Ukraine's debt pile. As Russia's full-scale invasion approaches its fifth year and progress towards a peace deal remains uncertain, the anticipated postwar reconstruction boom is o

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Ukraine War Latest: UK to spend $545M on hypersonic weapons after Ukraine battlefield lessons

Key developments on Feb. 13 * Ukraine's battlefield lessons drive UK to spend over $545 million on hypersonic, long-range weapons in 2026 * Using Starlink ruse, Ukrainian cyber forces trick Russian soldiers into revealing positions, donating to armed forces * 'Modern Ukrainian technology, battle-tested' — Zelensky unveils 1st drone produced by German-Ukrainian joint venture * Ukraine's Unmanned Systems Forces release footage of strikes on Russian airfield in Crimea, other targets in occupie

Ukraine calendar: What will happen this week

Editor's note: This article is a shortened on-site version of KI Insights' public newsletter, The Week Ahead, covering events from February 16-22. Sign up here to start your week with an agenda of Ukraine-related events delivered directly to your inbox every week. Audio version of The Week Ahead is now available on Spotify, Apple Podcasts, and YouTube. The next round of trilateral negotiations will take place on 17–18 February in Geneva. According to Kremlin spokesperson Dmitry Peskov, the Rus

About Business

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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