History is offering Ukraine another chance to build a better future. However, what has happened is no more than a promise. The situation in and around Ukraine is still dramatic, and the country is facing numerous challenges, each of which can prevent the dreams of a functioning state and a thriving economy from becoming a reality.

The West should not allow itself any feeling of euphoria or, even worse, celebrate a geopolitical victory. The stability is still fragile, and the result was achieved not by Western strategists but by Ukraine’s citizens. In addition, the West should be very cautious about financial assistance.

Arkady Moshes
Programme Director - The EU's Eastern Neighbourhood and Russia research programme