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Ukraine cites $119 billion in damages; Russia moves on key cities

A roll of barbed wire lies on the Majdan Nesaleshnosti for the defense of Kiev, due to the Russian invasion. -/Ukrinform/dpaThe Russian invasion of Ukraine has already caused $119 billion in damages, Ukrainian Deputy Economy Minister Denys Kudin said on Friday as the fighting showed no sign of endin.

Ukraine estimates direct damage to its economy at $119 bln, expects compensation from Russian reserves

Ukraine estimates direct damage to its economy at $119 bln, expects compensation from Russian reserves
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Ways sought to transfer to Ukraine nearly $415B in Russian assets seized in Western jurisdictions

The Ministry of Economy together with partner governments is looking for a mechanism to transfer to Ukraine the seized gold and foreign exchange reserves of Russia’s Central Bank in the amount of $415 billion to compensate for losses caused by the Russian military. Ukrinform.

Ministry of Economy of Ukraine estimates direct damage from war at $119 bln

The amount of direct losses incurred by Ukraine's infrastructure from full-scale Russian military aggression has already reached $119 billion, work is underway to compensate for them at the expense of the seized gold and foreign exchange reserves of the Central Bank of the Russian Federation, First Deputy Minister of Economy of Ukraine Denys Kudin has said.

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