PROGRAMMES FOR ENSURING ENTERPRISE FINANCIAL SECURITY IN A WARTIME ECONOMY BASED ON MARSHALL PLAN 2.0

Authors

Keywords:

financial security, Marshall Plan, martial law, national security, recovery, sustainable development.

Abstract

This article aims to justify and develop programme tools for ensuring the financial security of enterprises during the wartime economic crisis and in the postwar period, adapting the principles of the Marshall Plan to the recovery of the Ukrainian economy. In the context of crisis challenges caused by military actions and economic instability, applying a scientific and methodological approach to developing financial security programmes serves as an effective tool for stabilising enterprise activity. The article identifies four types of such programmes: (a) risk resilience programme; (b) stabilisation and recovery programme; (c) resilience enhancement and adaptation programme; and (d) restoration of economic activity programme. Special attention is given to the role of state support in creating a favourable environment for post-crisis recovery. The article proposes the implementation of national reconstruction programmes adapted to the principles of the Marshall Plan. Such programmes should include attracting external financing, building financial reserves, and modernising key sectors of the economy. The comprehensive implementation of this approach helps to reduce financial risks, strengthen enterprise resilience, and create conditions for sustainable development. The “Marshall Plan 2.0” can become an effective tool for economic stabilisation, restoration of industrial capacity, and ensuring financial security. The implementation of this plan requires a comprehensive approach, including financial assistance, institutional reforms, and active involvement of private capital.

JEL: M15, M20, G30, O32.

Author Biographies

Galyna AZARENKOVA, V. N. Karazin Kharkiv National University, Kharkiv, Ukraine.

DSc (Economics), Professor, Department of Banking Business and Financial Technologies

Nataliia TKACHENKO TKACHENKO, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine. 

DSc (Economics), Professor, Director of the Institute of Postgraduate Education

Kateryna ORIEKHOVA, V. N. Karazin Kharkiv National University, Kharkiv, Ukraine. 

DSc (Economics), Associate Professor, Department of Banking Business and Financial Technologies

Olena GOLOVKO, V. N. Karazin Kharkiv National University, Kharkiv, Ukraine. 

PhD (Economics), Associate Professor, Department of Banking Business and Financial Technologies

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Received: October 15, 2025.

Reviewed: January 7, 2026.

Accepted: May 22, 2026.

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Published

30.06.2026

How to Cite

AZARENKOVA, Galyna, et al. “PROGRAMMES FOR ENSURING ENTERPRISE FINANCIAL SECURITY IN A WARTIME ECONOMY BASED ON MARSHALL PLAN 2.0”. Journal of European Economy, vol. 25, no. 2, June 2026, pp. 392-15, https://jeej.wunu.edu.ua/index.php/enjee/article/view/1939.

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Section

Development of Financial Relations