EU Funds: Opportunities for Ukraine
Find out more about: EU cohesion policy and its importance for a candidate country, the functioning of EU structural and investment funds and mechanisms for obtaining funds that may be relevant for Ukraine
- 09 January 2024
- Institute of Analytics and Advocacy
- Ukraine
The European Union attaches great importance to cohesion policy as an opportunity for economic equalization, balanced growth and development. Each year, one third of the EU’s annual budget is distributed through various cohesion policy funds and mechanisms.
The Structural and Investment Funds are the main sources of funding for job creation and growth.
The total amount of funding for all these areas for the strategic period 2021-2027 is €392 billion.
Ukraine has been granted the status of an EU candidate country, which opens up additional opportunities for cooperation and European integration. One example of these opportunities is participation in the Instrument for Pre-Accession Assistance (IPA), which provides a budget of €14.2 billion for EU candidate countries during 2021-2027.
Please note! The material is available for review in Ukrainian only