France will renew its Ukraine Fund after a successful first round, allocating 71 million euros ($84 million) to foster investment from French companies in Ukraine next year.
A woman has been arrested in connection to a suspected terrorist attack that killed a police officer and injured 25 others in the Western city of Lviv in the early hours of Sunday morning, Ukrainian authorities said.
Key developments on Feb. 21-22: * Ukraine hits Russian planes, ships in Crimea, artillery in major strikes on occupied territories * Ukraine confirms Flamingo strike on key Russian ballistic missile factory * Russia hits American sweets factory with missile in northeastern Ukraine * Explosions rock Ukraine's capital and outskirts as Russia launches mass missile attack, killing 1, injuring 17 * Woman arrested after suspected terrorist attack kills police officer, injures 25 in western Ukrai
Several rounds of explosions were reported in Kyiv overnight on Feb. 22, leaving a mother and her child injured as Russia launched ballistic missiles at Ukraine.
Twenty drones were shot down en route to Moscow during the afternoon of Feb. 22, Mayor Sergey Sobyanin claimed.
The factory, located in Trostianets in Sumy Oblast, was struck by a missile, Ukraine's Foreign Minister Andrii Sybiha said. The plant has operated since the 1990s, and produces a range of well-known products, including Oreo and Milka.
Hungary said it would block the EU's new sanctions package against Russia over halted oil deliveries through Ukraine, the latest development in a deepening spat between Ukraine and its neighbors, Slovakia and Hungary, over Russian oil imports.
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.
The package also includes procurement of ammunition and "expansion of cooperation... on long-range drones."
