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Luca Léry Moffat

@lucalerymoffat

reporter @kyivindependent.com formerly @bruegel.org

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01.08.2023
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Latest posts by Luca Léry Moffat @lucalerymoffat

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Ukraine needs billions in US arms as Greenland dispute pushes alliance to breaking point, documents reveal Ukraine needs at least $27 billion in military equipment from non-European Union sources in 2026, highlighting the bloc's dependence on American technology to support Kyiv, negotiating documents show....

Read more here:

kyivindependent.com/ukraine-need...

19.01.2026 18:11 👍 0 🔁 0 💬 0 📌 0

But EU country position papers lay bare the difficult situation that EU countries face, dependent on American technology to back Kyiv even as U.S. President Donald Trump's increasingly brazen statements on Greenland thrust the transatlantic alliance into its biggest crisis in decades.

19.01.2026 18:11 👍 0 🔁 0 💬 1 📌 0

The EU announced in January that it will spend an unprecedented 60 billion euros ($70 billion) on military equipment for Ukraine.

19.01.2026 18:11 👍 0 🔁 0 💬 1 📌 0

Scoop: Ukraine will need $27 billion in military equipment produced outside the EU in 2026, because the bloc is either unable to match U.S. made systems or produce them fast enough, documents show.

19.01.2026 18:11 👍 0 🔁 0 💬 1 📌 0
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Chart of the week: What did Ukrainians search online in 2025? This year saw Donald Trump's return to the presidency, a shouting match with President Volodymyr Zelensky in the Oval Office, and the famed U.S.-Ukraine "minerals deal." There were talks in Istanbul,...

From “Light outage schedule” to “The Bachelor 2025,” here’s what Ukrainians Googled in 2025.

kyivindependent.com/chart-of-the...

23.12.2025 18:15 👍 0 🔁 0 💬 0 📌 0
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US, Ukraine minerals deal will finally go live in 2026 The fund's board of directors reached final consensus on several administrative steps on Dec. 18, paving the way for the fund to accept investments starting in early 2026.

US, Ukraine minerals deal will finally go live in 2026

kyivindependent.com/us-ukraine-m...

18.12.2025 18:19 👍 0 🔁 0 💬 0 📌 0
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Ukraine warns of ‘catastrophe for every single European’ if Russian frozen asset plan fails "The lesson will be that European solidarity ends where fear of action begins, even in self-defense,” Iryna Mudra, Zelensky’s top legal advisor, told the Kyiv Independent.

"If immobilized Russian assets remain untouchable despite a clear legal and financial mechanism, the lesson will be that European solidarity ends where fear of action begins, even in self-defense,” Iryna Mudra, deputy head of President Zelensky’s office, told the Kyiv Independent.

17.12.2025 13:47 👍 0 🔁 0 💬 0 📌 0
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'The key to ending the war is in Brussels' — Ukrainians react to Belgium's Russian asset loan opposition Ukrainians say that Belgium's Prime Minister Bart de Wever holds the key to Russia's defeat, after he said that Russia's loss in Ukraine was a "complete illusion." De Wever was speaking in an intervi...

"The quickest path to ensure a just and lasting peace in Ukraine and Europe is to make sure that Russia understands that it cannot win a war of attrition" @lucalerymoffat.bsky.social's latest article highlights the EU reparations loan's strategic significance
kyivindependent.com/the-key-to-e...

04.12.2025 18:30 👍 7 🔁 4 💬 1 📌 0
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⚡️Destroy. Fix. Repeat: Russia is creating a devastating doom loop inside Ukraine’s energy system.

Read our latest in the Kyiv Independent: kyivindependent.com/destroy-fix-...

19.11.2025 09:30 👍 0 🔁 0 💬 0 📌 0
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Kyiv plots how to stretch finances as Brussels drags feet Get more news like this directly to your inbox every week by subscribing to our Ukraine Business Roundup newsletter. Ukraine is considering a cocktail of ideas to keep its finances afloat while it wa...

Ukraine is considering a cocktail of ideas to keep its finances afloat while it waits for Brussels to greenlight new aid, and a big drop in foreign aid in 2026 looms.

See my latest piece for the Kyiv Independent:

kyivindependent.com/kyiv-plots-h...

05.11.2025 14:30 👍 0 🔁 2 💬 0 📌 0
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Ukraine wants freedom to use EU loan from frozen Russian assets for US weapons When Deputy Head of Ukraine's Presidential Office Iryna Mudra suggested to European partners in 2022 that Russia’s frozen assets be used to compensate Ukraine, she says she was met with little enthusi...

I spoke with Iryna Mudra in an exclusive interview on Oct. 22. Read Ukraine’s official position in the piece below.

kyivindependent.com/exclusive-uk...

24.10.2025 09:55 👍 0 🔁 0 💬 0 📌 0

European leaders failed to reach a political agreement last night after weeks of jockeying over questions around the financial and legal plumbing of the loan and how the money should be spent.

Conspicuously absent: what does Ukraine think?

24.10.2025 09:55 👍 0 🔁 0 💬 1 📌 0

When Zelensky’s top legal advisor Iryna Mudra suggested to European partners in 2022 that Russia’s frozen assets be used to compensate Ukraine, she says she was met with little enthusiasm.

3 years later, there is wide European support for a ‘reparations loan’ to Kyiv, backed by the Russian assets.

24.10.2025 09:55 👍 0 🔁 0 💬 1 📌 0
Ukraine's central bank leaves interest rate unchanged at 15.5%

Ukraine's central bank leaves interest rate unchanged at 15.5%

'Very cautious decision' — Ukraine's central bank leaves interest rate unchanged at 15.5%.

See more here: kyivindependent.com/very-cautiou...

23.10.2025 13:46 👍 0 🔁 0 💬 0 📌 0
Ukraine’s average daily official and market exchange rates.

Ukraine’s average daily official and market exchange rates.

Ukraine's central bank has held the country's exchange rate relatively stable in the last year after the initial volatility caused by Russia’s full-scale invasion. But that might be about to change.

Read more: kyivindependent.com/will-ukraine...

21.10.2025 19:01 👍 1 🔁 1 💬 0 📌 0
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IMF keeps Ukraine's growth forecast unchanged, despite mounting attacks on energy The IMF forecasted 2% growth in 2025 and 4.5% in 2026, unaltered from its April 2025 projections.

The International Monetary Fund left its forecasts for Ukraine’s economic growth unchanged, despite a looming hole in the country’s finances and intensifying Russian attacks on energy infrastructure.

14.10.2025 18:10 👍 101 🔁 22 💬 1 📌 0
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EU, Ukraine move forward with new trade agreement, deepening ties The European Council has agreed to reduce and eliminate duties on a range of Ukrainian agricultural products, paving the way for the first significant update to tariffs under an EU-Ukraine trade agree...

The European Council has agreed to reduce and eliminate duties on a range of Ukrainian agricultural products, paving the way for the first significant update to tariffs under an EU-Ukraine trade agreement since it was adopted in 2016.

13.10.2025 19:38 👍 259 🔁 46 💬 4 📌 4
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GDU Figure of the Week

After 2022 Ukraine often relied on electricity imports.

But this summer, Ukraine, once again became a structural exporter. And last month, Ukraine's exports even exceeded pre-invasion levels.

www.linkedin.com/posts/green-...
thx to R.Stubbe

02.10.2025 16:11 👍 8 🔁 6 💬 0 📌 0

Check out and follow Work-in-Data! I've been working on this since 2021 — first as a research assistant helping to build the datasets, and now as a writer helping to spread new findings about global inequality.

There are three short blogs up on the website with more to come!

10.09.2025 12:45 👍 0 🔁 0 💬 0 📌 0

As leaders attend the Ukraine Recovery Conference in Rome, reconstruction feels furthest in the places it's needed most.

See my latest for the Kyiv Independent.

10.07.2025 20:45 👍 1 🔁 0 💬 0 📌 0
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The UN confirmed what I saw in Kherson: Russia is hunting civilians for sport - Euromaidan Press First-hand account from Kherson where 100 Russian drones daily target civilians in what UN investigators now confirm as deliberate war crimes.

Important story in EuroMaidan Press, which builds on reports that Russia uses Ukrainian civilians for ‘target practice’.

I recently spoke to Olena who lives just 4km from Russian-occupied territories.

She told me that her city, Nikopol, is a “training ground” for new Russian recruits. A short🧵

01.06.2025 10:17 👍 2 🔁 1 💬 1 📌 1

Great read, congrats!

12.06.2025 07:02 👍 1 🔁 0 💬 0 📌 0
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EU tariffs on Ukrainian goods return after 3 years of war, complicating Kyiv's path to European integration The European Union is set to reinstate tariffs on Ukrainian agricultural exports on June 6. This is the first time since Russia's full-scale invasion that the EU will not renew an agreement suspendin...

Get the full story here!

kyivindependent.com/eu-tariffs-o...

06.06.2025 11:03 👍 0 🔁 0 💬 0 📌 0
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Number 3: Ukraine’s closer trading relations with the EU.

Over 60% of Ukraine's exports now go to the EU, relative to about 40% before the war.

Reverting to pre-war rules may pose challenges to Ukrainian exporters, who have adapted to trade with fewer tariffs.

06.06.2025 11:03 👍 1 🔁 0 💬 1 📌 0

Imports of these products did initially spike after tariffs were removed, but then declined.

When Ukraine unblocked Black Sea export routes, it eased the situation.

Unilateral import bans on some Ukrainian products imposed by Hungary, Poland and Slovakia, also contributed to the decline.

06.06.2025 11:03 👍 1 🔁 0 💬 1 📌 0
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Number 2: EU imports from Ukraine of all 290 agricultural products for which tariffs were lifted in June 2022.

06.06.2025 11:03 👍 1 🔁 0 💬 1 📌 0

The influx provoked protests from local farmers who claimed Ukrainian goods were overwhelming markets and lowering prices.

It’s also been touted by politicians as a sign of Ukraine’s incompatibility with the EU.

I spoke with two experts who challenge these claims. See more in the piece.

06.06.2025 11:03 👍 1 🔁 0 💬 1 📌 0
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In my piece for the Kyiv Independent, I report what today’s return of EU tariffs on Ukrainian agricultural goods means for everyone involved.

Here are a three charts that tell part of the story.

Number 1: the surge of cereal imports from Ukraine into bordering EU countries.

06.06.2025 11:03 👍 2 🔁 0 💬 1 📌 0
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Yesterday, the day after I posted this thread, a high-rise building in Nikopol was hit by a drone.

Here’s a video recorded by a pedestrian.

Source: UNITED24 telegram channel.

03.06.2025 10:31 👍 0 🔁 0 💬 0 📌 0
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Russia uses civilians as ‘target practice’ for killer drones Southern Ukrainian city of Kherson hit more than 9,500 times as Moscow attempts to drive out residents

See also FT story from December 2024:

www.ft.com/content/31b6...

01.06.2025 10:17 👍 0 🔁 0 💬 1 📌 0