The article considers the issue of the migration crisis of Ukrainian refugees to EU member states caused by Russia’s full-scale invasion of Ukraine on February 24, 2022. An elucidation was made as to the quantity of Ukrainian refugees taken in by European states since the Russia’s full-scale military invasion of Ukraine commenced. An analysis of forms of protection for individuals in the European Union is conducted, including refugee status and temporary protection. The legislation of refugee status in the EU is represented through the prism of the analysis of the Council Directive 2001/55/EC on temporary protection. The key difference between temporary protection and refugee status is defined. The key problems faced by European countries are highlighted; concurrently, the obstacles experienced by Ukrainian refugees are presented, namely, obtaining housing and employment. Special attention was paid to the issue of “fatigue” and exhaustion of social systems and ordinary citizens in EU countries. The authors present the results of the study on the mechanisms of providing protection and asylum to Ukrainian refugees in the EU. Furthermore, the 10-point strategy suggested by the European Commission to the European Council and the Justice and Home Affairs Council in order to support EU countries in their endeavor of admitting Ukrainian refugees has been duly given attention. The core research objectives revolve around the effectiveness of protection mechanisms for Ukrainian refugees in the EU, and any consequences said system may bring about for both the EU and Ukraine.