Business

Klaas Knot: Gloom and doom on Europe's future is overblown
Business

Klaas Knot: Gloom and doom on Europe's future is overblown

by Luca Léry Moffat

Editor's note: Klaas Knot and Olaf Sleijpen visited Ukraine as part of a Dutch delegation invited by the governor of the National Bank of Ukraine, Andriy Pishnyy. The gloom and doom on Europe's future is overblown, says the frontrunner to succeed Christine Lagarde as head of the European Central Bank — but still, says Klaas Knot, the continent has unfinished business if it wants to reach its potential. Speaking in Kyiv at the National Bank of Ukraine (NBU) in a double interview with the curren

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'You can't turn off your emotion' — Inside a Ukrainian morgue as war deaths mount

KHARKIV, KHARKIV OBLAST — A blonde-haired woman walks through a slim pathway between corpses lying against walls and autopsy tables inside Ukraine's oldest morgue. The main autopsy room, connected with two additional rooms and equipped with an elevator to lift the corpses from the basement, is busy with forensic experts like her going through three bodies on the table. One belongs to a Ukrainian soldier, while the other two are civilians — an elderly lady and a middle-aged man. "It's most lik

Forensic medical expert Inga Gerbst in Kharkiv, Ukraine on Jan. 22, 2026.

Fact-check: Russia pushes nuclear claims to derail peace talks, distract from war anniversary

On the fourth anniversary of Russia's full-scale invasion, Moscow accused France and the U.K. of seeking to provide Ukraine with nuclear arms. Offering no evidence, Russia's Foreign Intelligence Service (SVR) claimed on Feb. 24 that the "British and French elite" are helping Kyiv acquire nuclear weapons technology and delivery systems to secure "more favorable terms" in peace talks. Experts and officials who spoke to the Kyiv Independent dismissed the claims, framing them as an attempt to dive

Russian strike temporarily delayed Flamingo missile production, Zelensky says

President Volodymyr Zelensky said a Russian strike on a Ukrainian defense manufacturing facility temporarily delayed the rollout of Ukraine's domestically produced long-range Flamingo cruise missiles. Speaking in a Feb. 23 interview with German broadcaster Tagesschau, Zelensky confirmed that a Ukrainian factory producing the missiles had been hit. "There was a delay in production. Later, production resumed, and a certain number of missiles were built," Zelensky said, adding that Ukraine expect

Jan Lipavsky: What is our Ukraine policy? Victory, victory at all costs

As Churchill said of another war, Ukraine and the West must have "victory in spite of all terror, victory however long and hard the road may be." As the fifth year of Russia's war against Ukraine is poised to begin, the end still seems nowhere in sight. It is a time to reflect, and not just for Ukrainians. The West, too, and especially NATO, should finally acknowledge a truth that too many still deny — that Russia's war against Ukraine is also a war against us, against our way of life and our

Demonstrators attend a rally in support of Ukraine opposite Downing Street in London, England, on March 2, 2025.

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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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