Ukraine may lose out on EU funds if reforms are not fulfilled.

The €50B EU Ukraine Facility program will contain about 140 indicator conditions. The main areas of reforms in the program will be state administration, state finances, the justice system, and the fight against corruption. Economic reforms must be carried out in almost all spheres, particularly energy, transport, agriculture, IT, and digitalization.

It is already known that if an indicator is not fulfilled on time, the next tranche will be reduced by a corresponding amount. For example, to receive the next tranche of €600M, Ukraine will need to fulfill three indicators by a specific deadline, and if one of the deadlines is missed, then the amount of money will be reduced proportionally – by a third, to €400M.

To receive the remaining €200M, the overdue indicator must be fulfilled within a year at the latest. Otherwise, the money will be lost.