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European Union

Political and economic union
The European Union (EU) is a political and economic union created after World War II to ensure peace and economic cooperation on the European continent. It evolved from the European Economic Community, founded in 1957, and was officially established as the European Union in 1993 with the entry into force of the Maastricht Treaty, guided by the values of democracy, freedom, equality, and the rule of law. The EU is the largest trading bloc in the world, actively works to protect the environment, and plays an important global role in promoting peace and development.
1957
Founding of the European Economic Community, which promoted economic integration
1985
Signing of the Schengen Agreement, which laid the foundation for free movement without border controls
1986
Adoption of the Single European Act, which laid the groundwork for the creation of a single market
1993
Official creation of the European Union by the Maastricht Treaty
1993
Launch of the single internal market, ensuring the free movement of goods, services, capital, and people
2002
Introduction of euro banknotes and coins as a single currency for many member states
2004
Largest enlargement, with ten new member states joining, contributing to peace and stability
2012
Awarded the Nobel Peace Prize for its long-standing work in promoting peace and reconciliation in Europe
2022
Granting Ukraine candidate status for accession, confirming its European perspective
News by theme
Germany is discussing the possibility of allocating 200 billion euros for defense

The future German Chancellor Friedrich Merz is negotiating the allocation of 200 billion euros for defense. The new package will be twice as large as the previous one and will require circumventing constitutional restrictions.

News of the World • February 25, 01:01 PM • 22814 views
EU says its mineral deal for Ukraine 'does not compete with the US' - BBC

The European Union has offered Ukraine a deal on mining that does not compete with the US. European Commissioner Stefan Sejourne said that future cooperation would be “mutually beneficial.

Economy • February 25, 10:59 AM • 28771 views
The staggering amount needed for Ukraine's reconstruction over the next 10 years has been named

The World Bank has estimated Ukraine's needs for recovery and reconstruction at $524 billion by 2034. The housing sector, transport, and energy were the most affected, with direct losses of $176 billion.

War in Ukraine • February 25, 10:21 AM • 106959 views
Tesla loses European market after Musk's political statements - FT

Tesla's sales in Europe fell by 45% in January 2024 after Elon Musk's political statements. The company's market share dropped to 1%, while total sales of electric vehicles in Europe increased by 37%.

Economy • February 25, 10:04 AM • 29908 views
Germany rejects possibility of Russia returning to G7 despite Trump's statements

German Finance Minister Jörg Kukis said that Russia will not be readmitted to the G7, despite Trump's demand. He also discussed the use of frozen Russian assets for Ukraine's recovery.

War in Ukraine • February 25, 08:59 AM • 45762 views
Vucic regrets supporting “European” resolution on Ukraine in the UN

Serbia voted in favor of the European resolution on Ukraine at the UN General Assembly, but President Vucic called it a mistake. He attributed the decision to his own fatigue and apologized to his citizens.

Politics • February 25, 08:29 AM • 32135 views
US, Russia gather for “continuation” of talks in Saudi Arabia - AFP

The US and Russian diplomatic delegations will meet again in the Saudi capital. This is a continuation of last week's talks between Lavrov and the US Secretary of State.

War in Ukraine • February 25, 07:58 AM • 34135 views
EU offers Ukraine its own "win-win" minerals deal - Politico

The EU has offered Ukraine a deal on critical minerals, competing with the US offer. Trump demands mineral rights in exchange for $500 billion in compensation for support.

Economy • February 25, 07:49 AM • 115213 views
Nordic-Baltic Eight Leaders in Kyiv: New Steps Toward Ukraine's Security and Integration Discussed

The heads of state of the North Baltic Eight held talks in Kyiv on security and European integration. During the three years of war, the allies provided Ukraine with 26 billion euros in military aid.

War in Ukraine • February 24, 08:56 PM • 35099 views
putin sets conditions for EU participation in resolving the conflict in Ukraine

putin said that the EU could play a role in finding a solution to the conflict in Ukraine, but without European demands. He insists on taking into account the positions of other international players, including the BRICS countries.

News of the World • February 24, 08:35 PM • 59742 views
European Commission hopes to open three clusters with Ukraine on EU accession in the first half of 2025

European Commissioner Martha Kos expects three clusters of negotiations on Ukraine's accession to the EU to open in the first half of 2024. The European Commission also offers Ukraine to join the EU's internal energy market by April 27.

Economy • February 24, 07:35 PM • 26607 views
Ukraine's integration into Europe should be accelerated - Shmyhal

Ukraine's Prime Minister urged the EU to speed up negotiations on all six integration clusters. Hungary has blocked negotiations on the first cluster, demanding additional conditions for the protection of minorities.

Society • February 24, 05:30 PM • 32483 views
Northern Europe and the Baltics made an important statement about Ukraine's future

The leaders of the Nordic and Baltic countries announced increased military assistance to Ukraine and support for its membership in NATO. They also reaffirmed their support for Ukraine's European integration and emphasized the importance of holding Russia accountable.

War in Ukraine • February 24, 05:29 PM • 28006 views
EU working on 17th package of sanctions against Russia - Kallas

The EU has adopted the 16th package of sanctions and is working on the 17th. Ministers supported a new military aid initiative for Ukraine, the details and scope of which will be discussed at the March 6 summit.

War in Ukraine • February 24, 05:12 PM • 26477 views
Kallas: new country supports confiscation of Russian assets, but no deal yet

Kaja Kallas reported an increase in the number of EU countries supporting the confiscation of frozen Russian assets. However, the EU diplomat does not expect an agreement to be reached in March due to the lack of unanimous support.

War in Ukraine • February 24, 05:02 PM • 26047 views
“The cheapest guarantee of security": Kallas emphasizes that Ukraine should in the end become a part of NATO

The EU foreign policy chief said that NATO membership is the strongest and cheapest security guarantee for Ukraine. She emphasized the irreversibility of Ukraine's path to the Alliance and praised the Ukrainian army as the strongest in Europe.

War in Ukraine • February 24, 04:36 PM • 23778 views
EU may approve specific scope and decisions on new defense initiative for Ukraine on March 6 - Kallas

EU Diplomacy Chief Kaja Kallas announced broad support for a new defense initiative for Ukraine. Specific amounts of aid and decisions may be made at the EU summit on March 6.

War in Ukraine • February 24, 04:08 PM • 31066 views
EU plans to appoint a joint representative for Ukraine negotiations

Europe is considering the possibility of appointing a single representative for future negotiations on Ukraine from the EU and allied countries. The issue will be discussed at a special meeting of the European Council on March 6.

War in Ukraine • February 24, 03:38 PM • 106646 views
Zelensky: Russia may attack again in 10 years if we are not ready

President Zelenskyy said that Russia could return in 10 years if Ukraine is not ready. An attack will not happen if Ukraine is a NATO member and has a strong army.

War in Ukraine • February 24, 03:31 PM • 23401 views
US statements are “worrying”, but we have always managed to resolve them - Kallas

The EU foreign policy chief expressed concern over the US statements but emphasized the possibility of resolving differences. Tomorrow he will meet with US Secretary of State Marco Rubio.

Politics • February 24, 03:24 PM • 21561 views
Zelensky: Ukraine will work on tribunal for Russia even after the end of the hot phase of the war

Ukraine will continue to work on a special tribunal to review the crimes of Russian aggression even after the hot phase of the war is over. The EU has already laid the legal groundwork for the establishment of a tribunal for Russian political and military leaders.

War in Ukraine • February 24, 03:03 PM • 100874 views
Ursula von der Leyen: lifting of sanctions against Russia is possible only after concrete steps on its part

The President of the European Commission said that sanctions have a huge impact on the Russian economy. Their lifting is possible only after concrete steps on the part of Russia.

Economy • February 24, 03:00 PM • 21694 views
EU discusses new package of military aid to Ukraine up to 30 billion euros - report

EU foreign ministers are considering a new military aid package for Ukraine. The amount could be between 20 and 30 billion euros, with the final decision to be made by EU leaders on March 6.

War in Ukraine • February 24, 01:50 PM • 22626 views
French Minister: Russia does not show that it wants to make concessions

The French Minister of European Affairs stated the need for Europe's participation in peace negotiations in Ukraine. Haddad emphasized the importance of military support and guaranteeing long-term peace.

War in Ukraine • February 24, 12:55 PM • 23716 views
Estonian Prime Minister reveals details of new military support for Ukraine

Estonia increased military aid to Ukraine by 25% and pledged to allocate 0. 25% of GDP annually. Prime Minister Kristen Michal emphasized that only Ukraine should determine the terms of the peace process.

Politics • February 24, 12:48 PM • 20610 views
Slovakia calls for peace talks with Ukraine and the EU

Slovak Vice Prime Minister Peter Kmiec has stated the need to involve Ukraine and the EU in peace talks after the US changed its approach. Slovakia supports Ukraine's sovereignty and European integration.

War in Ukraine • February 24, 12:40 PM • 22884 views
Businessmen, propagandists, comedians and athletes: EU announces names of Russians under new sanctions

The European Union has published a new sanctions list of Russians as part of the 16th sanctions package. The list includes 13 people, including businessmen, propagandists, athletes and comedians.

News of the World • February 24, 12:37 PM • 22077 views
We have made great progress on the special tribunal for Russia - Swedish Prime Minister

The Prime Minister of Sweden announced significant progress in the creation of a special tribunal for Russian aggression against Ukraine. The EU has already laid the legal groundwork for the tribunal, which will be able to prosecute Russian leaders.

War in Ukraine • February 24, 11:47 AM • 22890 views
EU suspends transportation and energy sanctions against Syria

EU foreign ministers decide to suspend sanctions against Syria in the banking, energy and transportation sectors. Five Syrian organizations were removed from the list of frozen assets.

News of the World • February 24, 11:37 AM • 21637 views
The Council supported the appeal to parliaments, governments and organizations dedicated to the anniversary of the war

The Verkhovna Rada adopted an appeal to parliaments, governments and international organizations on the third anniversary of the Russian invasion. 244 MPs supported the document with calls for military, economic assistance and promotion of European integration.

War in Ukraine • February 24, 11:23 AM • 24699 views