KYIV (Reuters) - The European Bank for Reconstruction and Development plans to invest at least 1.5 billion euros ($1.56 billion) this year to support Ukraine's economy and businesses during wartime, the EBRD's chief told Reuters on Thursday.

Russia appears to be "addicted" to military spending to keep its economy propped up, a think tank said this week.

Donald Trump is prepared to intensify sanctions on Russia in an effort to end the war in Ukraine, his special envoy Keith Kellogg told The New York Post on February 6. But Kellogg also acknowledged that both Ukraine and Russia will need to make concessions,

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.

The United States may present a plan to end Russia's war against Ukraine as early as next week. This is likely to happen at the Munich Security Conference, scheduled for February 14-16, Bloomberg reports.

The Russian leadership is exchanging men—many of them previous casualties discharged prematurely from military hospitals—for land.