On Wednesday, 29 April 2015, the Central European Policy Institute (CEPI) organized a closed-door briefing with its Associate Fellow Balázs Jarábik on the situation and the prospects of the process of de-oligarchisation in Ukraine.

Balázs Jarábik made clear that Ukraine did not have enough resources to maintain its old pre-Maidan oligarchic structure. What we are witnessing now in terms of the conflict between the president Poroshenko and oligarchs including Kolomoisky and Akhmetov is a step towards forming a new social contract and de-oligarchisation of Ukraine. In this context, the upcoming October local elections will be crucial as there is a chance that oligarchs will form a wide opposition block against the president Poroshenko. With regard to Ukraine’s decentralization, there is a risk that the October elections might thus bring the return to feudalism of its kind with regional fiefdoms and parallel dual power.

Regarding the EU-Ukraine relations, participants agreed that the EU was lacking effective political coordination in Ukraine. There is a pressing need on the EU’s part for a political overseeing of the implementation of key reforms, assuring synergy among various EU’s activities and enforcing conditionality in Ukraine.