Business

'The key to ending the war is in Brussels' — Ukrainians react to Belgium's Russian asset loan opposition
Ukrainians say that Belgium's Prime Minister Bart de Wever holds the key to Russia's defeat, after he said that Russia's loss in Ukraine was a "total illusion." De Wever was speaking in an interview with Belgian newspaper La Libre on Dec. 2, the day before the European Commission announced a "reparations loan," a plan that could lend up to 210 billion euros in immobilized Russian central bank reserves to Kyiv. "But who really believes that Russia will lose in Ukraine? It's a fairy tale, a tota
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End to war 'depends on Russia's commitment to peace,' Ukraine, US agree
Over the course of 2025, Ukraine has repeatedly agreed to ceasefire proposals put forward by the White House. Russia has refused to agree to a single one.

'Quite severe' damage to Ukraine's energy infrastructure after massive Russian drone, missile strike
Three people have been injured in a Russian missile and drone attack on Kyiv Oblast overnight on Dec. 6, local officials reported.

General Staff: Russia has lost 1,179,790 troops in Ukraine since Feb. 24, 2022
The number includes 1,180 casualties that Russian forces suffered over the past day.

Ukrainian drones reportedly strike Russia's Ryazan Oil Refinery
Ukraine's military reportedly struck the Ryazan Oil Refinery overnight on Dec. 5-6, marking the ninth such strike on the refinery this year, Russian Telegram media channel ASTRA reported.

Ukraine's military denies claims that Pokrovsk, Myrnohrad encircled by Russian forces
Ukraine’s Air Assault Forces said on Dec. 5 that neither Pokrovsk nor its sister city Myrnohrad is encircled, stressing that defense units are expanding logistics routes and maintaining control over key positions in the area.

US Treasury extends waiver allowing Lukoil gas stations outside of Russia to operate, despite sanctions
The Trump administration on Dec. 4 extended a waiver that lets Lukoil-branded gas stations abroad stay in business, softening elements of the sanctions imposed on the firm in October.

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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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Successful strikes by Ukraine's military intelligence agency destroyed a Russian MiG-29 fighter jet and an Irtysh radar system in Russian-occupied Crimea, the agency said.
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'The key to ending the war is in Brussels' — Ukrainians react to Belgium's Russian asset loan opposition

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