Ukraine's accession to the EU could open up new financial prospects for Kyiv, according to a study published by the Financial Times. According to internal EU budget estimates, Ukraine can expect to receive approximately €186 billion in subsidies within seven years of accession.

The publication noted that EU officials this summer estimated the potential financial implications of Ukraine, Moldova, Georgia and six Balkan states joining the bloc for the current 2021-2027 EU budget at €256.8 billion. The implications for existing member states would include a reduction in agricultural subsidies by about a fifth.

"All member states will have to pay more and receive less from the EU budget; many states that are currently net recipients will become net payers," the EU Council Secretariat document concluded.

By applying the current rules to the enlarged bloc, Ukraine will be eligible to receive €96.5 billion under the EU's Common Agricultural Policy over seven years. According to the study, such financial changes will lead to a reduction in agricultural subsidies for current member states by about 20%.

Ukraine would also be eligible for €61 billion in EU cohesion funds, which are aimed at improving infrastructure in poorer member states. The study estimates that, along with nine additional member states, the Czech Republic, Estonia, Lithuania, Slovenia, Cyprus, and Malta will no longer be eligible for cohesion funds.