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Exclusive: Ukraine’s Finance Ministry quietly working to convince MPs to vote for unpopular tax change
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Exclusive: Ukraine’s Finance Ministry quietly working to convince MPs to vote for unpopular tax change

by Luca Léry Moffat

Ukraine's Finance Ministry is hoping to convince Ukrainian lawmakers to vote for unpopular tax changes — needed to keep receiving cash for foreign donors — with improvements to electronic tax filing systems. Kyiv has agreed to a long list of reforms as part of large financing packages from international partners, including the International Monetary Fund, the EU, and the World Bank. Ukraine relies on the cash to support its military and state services functioning. One of the most scrutinized r

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Russia slams Kyiv with mass drone attack

Kyiv Mayor Vitali Klitschko reported explosions and urged residents to take shelter as Russia launched groups of drones at the capital late in the evening of May 2.

A bright orange fire burns behind dark smoke, the silhouette of a tree, and a house.

Why Ukraine needs Russia's terminal defeat – not just deterrence

Five years into the full-scale conflict, it has become clear that the model of strategic deterrence – the "steel porcupine" that Ursula von der Leyen often invokes when speaking about Ukraine –  offers no guarantee of resilience and long-term peace. The "steel porcupine" model assumes that, given Russia's significant resource advantage, Ukraine's only realistic strategy is to build a defense so strong that continued aggression becomes prohibitively costly for Russia. However, as of 2026, this

Ukrainian servicemen firing toward Russian positions near Bakhmut, Donetsk Oblast, Ukraine, on March 21, 2023.

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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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