Risks and costs of Ukraine's accession to the European Union (2017-2023)

The bachelor's thesis provides an overview of the risks and costs associated with Ukraine's accession to the European Union. The current performance of the Ukrainian economy does not meet the level of EU member states. Ukraine does not fulfill the Copenhagen criteria for EU entry nor the Maastricht criteria for joining the Eurozone. The research indicates that Ukraine's GDP was significantly lower than the average GDP of the EU27 from 2017 to 2022. Furthermore, Ukraine did not have inflation under control, with galloping inflation observed in most of the years from 2017 to 2022. Institutional and economic aspects of Ukraine's entry into the EU were identified, showing that Ukraine's accession could create conflicts among existing EU countries. The conclusion of the thesis includes the author's recommendations, along with a SWOT analysis of the potential entry of Ukraine into the EU from the perspective of both the European Union and Ukraine itself.