Top Stories

Ukraine wants peace but won’t give up its land to Russia, president says

Published by maria gbaf

Posted on February 22, 2022

2 min read

· Last updated: February 8, 2026

Add as preferred source on Google
Ukrainian President Zelenskiy addresses the nation on peace and territorial integrity - Global Banking & Finance Review
Ukrainian President Volodymyr Zelenskiy speaks to the nation about maintaining territorial integrity amidst rising tensions with Russia. This image captures the urgency of Ukraine's diplomatic efforts for peace.
Global Banking & Finance Awards 2026 — Call for Entries

By Pavel Polityuk and Matthias Williams KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy accused Russia of wrecking peace efforts and ruled out making any territorial concessions in an address to the nation in the early hours of Tuesday. Zelenskiy spoke after Russia’s decision to formally recognise two Moscow-backed regions of eastern Ukraine as independent and […]

By Pavel Polityuk and Matthias Williams

KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy accused Russia of wrecking peace efforts and ruled out making any territorial concessions in an address to the nation in the early hours of Tuesday.

Zelenskiy spoke after Russia’s decision to formally recognise two Moscow-backed regions of eastern Ukraine as independent and send troops to the region, accelerating a crisis that the West fears could unleash a major war.

After chairing a security council meeting, Zelenskiy accused Russia of violating Ukraine’s sovereign territory and said it could mean Moscow pulling the plug on the Minsk peace talks aimed at ending the separatist conflict in eastern Ukraine.

Zelenskiy said Ukraine wanted to solve the crisis through diplomacy but that his country was ready to dig in for the long haul.

“We are committed to the peaceful and diplomatic path, we will follow it and only it,” Zelenskiy said. “But we are on our own land, we are not afraid of anything and anybody, we owe nothing to no one, and we will give nothing to no one.”

He called for an emergency summit of the leaders of Ukraine, Russia, Germany and France while urging Ukraine’s allies to take action against Russia.

A Reuters witness saw unusually large columns of military hardware moving through the breakaway city of Donetsk after Russian President Vladimir Putin told Russia’s defence ministry to send forces into the two regions to “keep the peace”.

Russia’s actions drew U.S. and European condemnation and vows of new sanctions although it was not immediately clear whether the Russian military action would be regarded by the West as the start of a fullscale invasion. The area was already controlled by Russian-backed separatists and Moscow in practice.

Zelenskiy’s administration has voiced frustration at the West’s unwillingness to impose preemptive sanctions after Russia massed more than 100,000 troops near Ukraine’s borders in recent weeks.

“We expect clear and effective steps of support from our partners,” Zelenskiy said. “It is very important to see who is our real friend and partner, and who will continue to scare the Russian Federation with words.”

(Reporting by Pavel Polityuk, Maria Tsvetkova, Matthias Williams; Editing by Lincoln Feast.)

Frequently Asked Questions

What is foreign currency?
Foreign currency refers to the money that is used in other countries, which can be exchanged for the local currency. It is essential for international trade and travel.
What is economic growth?
Economic growth is the increase in the production of goods and services in an economy over a period of time. It is often measured by the rise in Gross Domestic Product (GDP).
What is an international financial institution?
An international financial institution is an organization that provides financial support and advice for economic development projects in developing countries.
What is a President in the context of banking?
In banking, a President is typically the chief executive officer of a bank or financial institution, responsible for overseeing operations and making strategic decisions.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category