As the conflict enters its fifth year, Ukrainian President Volodymyr Zelenskyy stated that Russian President Vladimir Putin has failed to achieve his objectives. In a video address, Zelenskyy affirmed Ukraine's readiness to secure a strong, lasting peace, emphasizing that the nation has defended its independence and statehood.

Since Russia's invasion on February 24, 2022, hundreds of thousands have perished, marking the deadliest European conflict since World War II. Talks aimed at halting the devastation have thus far been unsuccessful.

Zelenskyy reiterated Ukraine's desire for peace on its terms, stating any agreement must be accepted by Ukrainians. He previously urged European allies to consider deploying troops to the front lines as a protective measure against potential renewed Russian aggression.

Allies, including leaders from Finland and Sweden, visited Ukraine to mark the anniversary. European Commission chief Ursula von der Leyen reaffirmed Europe's unwavering support, pledging financial and military aid and a commitment to peace restored on Ukraine's terms.

The war has inflicted immense damage across eastern and southern Ukraine. Russia currently occupies approximately 20 percent of Ukrainian territory and seeks full control of the Donetsk region. Ukraine insists on security guarantees from allies, including the U.S., before considering any deal.

Recent Russian attacks have targeted Ukrainian energy infrastructure, disrupting power and heating for millions. Despite heavy losses, Russian forces have made slow advances in the eastern Donbas region, which Moscow aims to annex.

Reconstruction costs are estimated at $588 billion over the next decade. Putin has maintained that Russia's actions are defensive, aimed at ensuring strategic parity and fighting for the country's future.