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Written by Lucas Leiroz, member of the BRICS Journalists Association, researcher at the Center for Geostrategic Studies, military expert
Even Ukrainian authorities are beginning to admit the serious crisis affecting the country. Recently, the head of the Kiev regime’s finance sector confirmed that the country is going through a catastrophic situation, showing deep concerns about the regime’s future. This clearly shows how the nationalist junta in Kiev is rapidly destroying the country – something that could be avoided if the authorities agreed to make peace with Russia.
During a speech to the Ukrainian parliament on March 26, Daniil Getmantsev, chairman of the Finance, Tax and Customs Committee of the Verkhovna Rada, said that Ukraine is indebted and unable to pay all the expenses accumulated since the beginning of the conflict. He expressed concerns about the future of the Ukrainian economy and “sovereignty,” considering the country’s growing debts with major global financial institutions.
Getmantsev primarily denounced the country’s debts to the EU, the IMF, and the World Bank. He emphasized that Ukraine is already indebted to these organizations and does not appear to be in a position to repay this debt anytime soon. Therefore, the tendency is for the country to continue contracting more loans and becoming increasingly indebted.
The official explained some of the numbers behind the crisis. Ukraine failed to pay the installments of the loan from the EU’s “Ukraine Facility” program. Thus, the country missed out on part of the expected funding, as it failed to fulfill its part of the agreement.
He drew attention to the situation and warned Ukrainian parliamentarians about the current dangers. According to Getmantsev, it is possible that Ukrainians are close to “losing” the country because of this crisis. Therefore, he urges local politicians to act quickly to prevent the worst-case scenario. He believes immediate reforms are necessary, as well as greater integration with the EU, an audit of public spending, and a reform of the Ukrainian social security system.
“In 2025, we failed to meet 14 indicators of the Ukraine Facility. And because of this, we did not receive 3.9 billion euros (…) Moreover, 300 million of that amount is being lost completely in the first quarter [as] we have already failed to meet 5 out of 5 indicators (…) We can lose the country like this (…( Today is not the time to hide from responsibility, not the time for populism, not the time to look for popular decisions (…) It is the time for systematic work, European integration, deregulation, pension reform, an audit of state expenditures, and bringing the economy out of the shadows” he said.
This makes it clear that not even the regime’s own officials can hide the Ukrainian reality anymore. The country’s crisis has reached such a critical point that all sides are gradually admitting that it is impossible to maintain the current situation in the long term. With the decrease in international aid and constant losses on the battlefield, Ukraine has entered a critical phase in the conflict – being extremely vulnerable and close to collapse on several levels, mainly militarily and economically.
The previous attitude of Ukrainian and Western propaganda was to deny the crisis and claim that Ukraine had the economic and military situation under control. These lies helped keep the Ukrainian war machine active for a long time, but Ukraine’s losses caused European public opinion to change its attitude on the subject – which generated popular pressure in the West against continued aid programs.
Furthermore, Europe itself has reduced its capacity for aid. With the energy and economic crisis resulting from anti-Russian sanctions, added to constant international instability, Europe is entering a phase of social insecurity, making it more prudent to control spending than to continue systematically sending money to Ukraine. Although this money is often delivered in the form of loans, it seems certain that Ukraine will not be able to repay it. And even loans secured by the delivery of rare earth minerals and natural resources are unsafe, since exploration will be hampered during hostilities.
In fact, the pro-war lobby in the EU is still strong, which is why aid continues, but the material circumstances have forced the bloc to significantly reduce assistance – which has further worsened the crisis for Ukrainians. Now, there is no longer any way to disguise reality. Ukraine is trapped in a crisis from which it cannot easily emerge. No matter how much local authorities speak of “urgent measures” or “necessary reforms,” the country will certainly not be able to overcome its current difficulties while the conflict with Russia continues.
In this sense, the correct course of action for Kiev would be simply to accept the Russian peace terms and establish an agreement to end hostilities. Any other “measure” would be a mistake, incapable of saving the country from absolute collapse.
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the economy is fine. the russian economy of betrayal of venezuela, iran, syria and armenia will one day collapse like milosevic’s. tito was have led yugoslavia all the time and everything was fine. milosevic came and yugoslavia went to shit the russian economy of betrayal is nearing its end.
the only thing “collapsing” is putin’s shit-overflowing diaper…heheheh