Issue: № 4, 2025
Doi: https://doi.org/10.37634/efp.2025.4.10
The paper presents a comprehensive study of the impact of the war in Ukraine on security in the European Union. The authors analyze the political and economic consequences of the war in Ukraine in the financial and geopolitical dimensions. The types, measures and sources of international financial assistance to Ukraine are specified. It is stated that the peaceful settlement of the war in Ukraine should be based not only on an agreement that would state the agreements on territorial and political consensus. The author proposes to develop a comprehensive draft of the “International Program of Assistance to Ukraine by the International Community” with the aim of restoring the economy in the post-war period, and to include it as a separate clause of the future peace agreement. The peculiarities of the impact of the war in Ukraine on the countries of Eastern Europe are identified. It is summarized that the war in Ukraine has led to global consequences, such as: international tension, which increases the risks of escalation of the conflict in the European region and in other hot spots of the world, including nuclear danger; incapacitation of international institutions, such as the UN or the ICC, as wars undermine international law in general; destabilization of regions, which allows terrorist groups to spread and seize power, creating migration crises and social tensions; cybersecurity, including cyber attacks on critical infrastructure and government registries; economic and financial crises, which cause inflation and recession around the world. Emphasis on international cooperation in the defense sector, including joint production of certain types of weapons, modernization of Ukraine's military-industrial complex, production of unmanned ground, air and sea devices, and strengthening of air defense is placed.
Keywords : financial assistance, security, assistance program, political and economic influence
References:
1. Communication from the commission to the European parliament, the European council, the Council, the European economic and social committee and the Committee of the regions «ukraine relief and reconstruction». URL: https://ec.europa.eu/info/sites/default/files/ukraine-relief-reconstruction_en.pdf
2. A Blueprint for the Reconstruction of Ukraine. URL: https://cepr.org/content/blueprint-reconstruction-ukraine
3. Bilous V.T., Ternushchak M.M. Legal guarantees of financial security for providing aid to Ukraine after the war. Economics. Finances. Law. 2022. № 8. pp. 5–10. (in Ukrainian).