"(T)he presence at the Victory Parade of a country that bombs cities, hospitals, and daycares, and which has caused the deaths and injuries of over a million people over three years, is a shame," Polish Prime Minister Donald Tusk said.
"According to the participants of the performances, their goal is to remind the civilized world of the barbaric actions of Moscow, which for many years and decades has systematically violated international law," a source in Ukraine’s military intelligence agency (HUR) told the Kyiv Independent.
"I have great hope that an agreement for a ceasefire in Ukraine will be reached this weekend," German Chancellor Friedrich Merz said on May 9, shortly before traveling to Kyiv alongside the leaders of France, Poland, and the U.K.
U.K. Prime Minister Keir Starmer, French President Emmanuel Macron, German Chancellor Friedrich Merz, and Polish Prime Minister Donald Tusk will arrive in Kyiv early on May 10.
The United States embassy in Kyiv on May 9 issued a warning that Russia could launch "a potentially significant" attack in the coming days, despite Putin's self-declared Victory Day "truce."
The sanctioned oil tankers have transported over $24 billion in cargo since 2024, according to Downing Street. The U.K. has now sanctioned more shadow fleet vessels than any other country.
Washington and its partners are considering additional sanctions if the parties do not observe a ceasefire, with political and technical negotiations between Europe and the U.S. intensifying since last week, Reuters' source said.
National Bank of Ukraine (NBU) Governor Andriy Pyshny at a meeting with an IMF delegation in Kyiv on Feb. 12, 2024. (National Bank of Ukraine/Facebook)
Ukraine has urged the U.S. Treasury to find a mechanism to use $300 billion in frozen Russian assets for reconstruction and defense, Andriy Pyshnyy, head of the National Bank of Ukraine, said on April 24, Reuters reported.
The Ukrainian delegation raised the issue with U.S. Treasury officials during negotiations on April 23, according to Reuters. Ukraine intends to continue lobbying for the initiative at an upcoming meeting with the International Monetary Fund, Pyshnyy said.
“Is there a mechanism to get access to these assets, to turn them into the source to cover the losses and damages of Ukraine and to fuel its resilience? The answer is very simple, yes,” Pyshnyy said at the 2025 Spring Meetings of the World Bank Group.
In October 2024, the Group of Seven (G7) approved nearly $50 billion in loans for Ukraine that will be repaid by interest generated from frozen Russian assets.
On April 10, the European Union announced it would allocate €2.1 billion ($2.4 billion) in revenue generated from frozen Russian Central Bank assets to support Ukraine's defense industry. EU Ambassador to Ukraine Katarina Mathernova said the funds would help provide air defenses and ammunition.
Anna Fratsyvir is a news editor at the Kyiv Independent, with a background in broadcast journalism and international affairs. Previously, she worked as a TV journalist at Ukraine’s public broadcaster Suspilne, covering global politics and international developments. Anna holds a Bachelor's degree in International Communications from Taras Shevchenko National University and is currently an MA candidate in International Relations at the Johns Hopkins School of Advanced International Studies (SAIS).
Olena Goncharova
