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{"references": ["1.\tBourguignon, D. (2018). Circular economy package. Four legislative proposals on waste. Briefing. EU Legislation in Progress. Retrieved from: http://www.europarl.europa.eu/RegData/etudes/ BRIE/2018/614766/EPRS_BRI(2018)614766_EN.pdf [in English].", "2.\tPahomova, N.V., Richter, K.K., Vetrova, M.A. (2017). The transit to circular economy and closed supply chains as a determinant of sustainable development. The Herald of Saint-Petersburg University, Vol. 33, Issue 2, 244-268 [in Russian].", "3.\tWilliams, P.T. (2005). Waste Treatment and Disposal. Chichester, John Wiley & Sons. [in English].", "4.\tFormation and management of waste. State Statistical Service of Ukraine. Retrieved from: http://www.ukrstat.gov.ua/ [in Ukrainian].", "5.\tGahovych, N.G. (2012) Ecologization of industrial production as a necessary term of overcoming of disproportionality in \"Global disparity: features, trends, influence on the economy of Ukraine: scientific report\", ed. Shynkariuk L.V., Kyiv, 94-98 [in Ukrainian].", "6.\tMischenko, V.S., Omelianenko, T.L., Makovetska, Y.M. (2013). Tariff policy hinders development of the sphere of solid waste treatment. Housing and communal service of Ukraine, 10 (63), 45-49 [in Ukrainian].", "7.\tMischenko, V.S., Vygovska, G.P. (2007). Problems of implementation of the European legislation in the sphere of solid waste treatment. Collaboration for waste problem solution: 4th International Conference Proceedings, Kharkov, 21-24 [in Ukrainian].", "8.\tOn Approvement of National Strategy of Waste Management for Ukraine up to 2030. Retrieved from: http://zakon.rada.gov.ua/laws/show/820\u20132017\u2013%D1%80 [in Ukrainian].", "9.\tCircular Economy in Cities. Evolving the model for a sustainable urban future. White paper (2018). World Economic Forum. Retrieved from: http://www3.weforum.org/docs/White_paper_ Circular_Economy_in_Cities_report_2018.pdf [in English].", "10.\tNguyen, H., Stuchtey, M., Zils, M. (2014). Remaking the industrial economy. McKinseyQuaterly. Retrieved from: https://www.mckinsey.com/business\u2013functions/sustainability\u2013and\u2013resource\u2013productivity/our\u2013insights/remaking\u2013the\u2013industrial\u2013economy [in English].", "11.\tKocheshkova, I.N., Trushkina, N.V. (2017) Recycling logistics development in the context of circular economy: foreign experience. ScienceandPractice: innovativeapproach. Collectionofscientificarticles. Paris, 19-23 [in Russian].", "12.\tDatabase. Eurostat. European Commission. Retrieved from: https://ec.europa.eu/eurostat/data/database [in English].", "13.\tThe Circular Economy and the Bioeconomy. Partners in sustainability (2018). EEA Report, 8. Copenhagen, European Environment Agency, 60 p [in English].", "14.\tReference documents under the IPPC Directive and the IED. Joint Research Centre \"Circular Economy and Industrial Leadership\". Retrieved from: http://eippcb.jrc.ec.europa.eu/reference/ [in English].", "15.\tCircular Economy in Europe. Developing the Knowledge Base (2016). EEA Report, 2. Copenhagen, European Environment Agency, 27 p. [in English].", "16.\tThe EIB Circular Economy Guide. Supporting the circular transition (2018).The European Investment Bank, 20 p. [in English].", "17.\tZvarych I. (2017). Circular economy and global waste management. Journal of the European economy, Vol. 16, 1 (60), 41-57 [in English].", "18.\tThe European Investment Bank. Financed Projects. Retrieved from: http://www.eib.org/en/projects/loan/list/index [in English]."]} The state of waste treatment in Ukraine and in the European Union countries was analyzed. It is determined that in comparison with Ukraine the European countries implement the basic principles of circular economy successfully. The shares of such problem waste recycling as plastic, organic waste, electric and electronic equipment waste grow annually. The European Union legislation on circular economy and bioeconomy responds the global challenges and the needs of industrial enterprises, and may become a guideline for filling and improvement of Ukrainian legislation. The characteristics of successful European business-models were presented. The role of financial component in circular economy projects realization. Based on the European Union countries experience the benefits and challenges of circular economy that Ukraine may face are determined.