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Economy Ministry: Ukraine suffers $120 billion in damages from Russia's invasion.

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Deputy Economy Minister Denys Kudin said that Ukraine will start calculating its war-related GDP losses in April.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Early in the morning on Dec. 31, the Finnish telecommunications service provider Elisa reported that an undersea cable linking Finland and Estonia had been damaged. The cargo ship Fitburg, sailing from Russia, may have been responsible.

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