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The Economic Times
The Economic Times
National

Ukraine scrambles for money to fight war as Russian strikes batter economy

Kryvyi Rih, the hometown of Ukrainian President Volodymyr Zelenskiy, is struggling to survive. Russian airstrikes have brought the city's huge steel plant and mines to a standstill, dragging the local economy to its knees.

Mayor Oleksandr Vilkul said the sprawling industrial city - which stretches along the banks of the Inhulets River - was doing everything possible to ensure its hospitals remain open, the lights remain on in kindergartens and schools, and buses keep running.

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