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The cash register is closed: why Europe hit the brakes on Ukraine's eurointegration

Зупинка фінансових потоків: аналіз причин уповільнення євроінтеграційних процесів в Україні.

According to insights from Politico, France, Germany, Italy, and the Netherlands have united against the accelerated accession of Ukraine to the EU. A group of donor countries insists that Kyiv must go through all the established long-term bureaucratic procedures, categorically rejecting any political concessions.

The publication by Politico is not a matter of a lack of democracy or problems with anti-corruption reforms in Ukraine. It's a question of an empty cash register. The core of the European Union has adopted a regime of strict financial protectionism because 'Old Europe' simply has no money to pay for expansion.

 

1) Macroeconomic deadlock: expansion as financial suicide

First of all, the macroeconomic deadlock. The EU locomotive - Germany - is in systemic stagnation, losing industry, while France is trying to patch up gigantic holes in the national budget. In a situation where the European economy is balancing on the brink of recession, taking on a huge, war-damaged country with colossal reconstruction needs is financial suicide. There are no free hundreds of billions of euros in Brussels for a conditional 'Marshall Plan 2.0'.

 

2) Domestic electorate: who will pay for the 'project in the East'

Secondly, the domestic electorate. Any accelerated accession of Ukraine means an immediate review of the EU budget. For a French farmer, this guarantees a cut in agricultural subsidies (CAP), which will go to a Ukrainian agroholding. For a German citizen, this means higher taxes to finance European equalization funds. Neither Merz nor Macron will go to their economically struggling voters with a proposal to tighten their belts for a geopolitical project in the East. In times of crisis, one's own shirt is always closer to the body.

 

3) Institutional facade: bureaucracy as a smokescreen

Thirdly, the institutional facade. The demands for ideal legislation and structural reforms are an ideal smokescreen. It is much more convenient for Brussels to marinate a candidate in the 'waiting room' for years, citing shortcomings in the judicial system, than to honestly admit: the bank is closed, there is no money.

 

Conclusion: the 'turbo mode' crashed into accounting

The political romance of the 'exclusive turbo mode' has crashed into harsh accounting. The EU is primarily a closed economic cartel. The refusal of accelerated membership is dictated not by a lack of solidarity, but by the instinct of financial self-preservation of the EU core. For Kyiv, this means a transition to a long, exhausting, and sluggish reality where the timeline for accession will depend not on loud declarations but on when there will be free money again in the budgets of Berlin and Paris.