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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
We will continue to work towards an agreement, but are ready for countermeasures: the EU reacted to Trump's 30% tariffs

The European Union will continue negotiations with the United States on a trade agreement until August 1, but is ready for proportional countermeasures. This is a response to the US president's statement about introducing a 30% tariff on EU exports, which will harm businesses and consumers.

Economy • July 12, 03:23 PM • 14788 views
Trump announced the introduction of 30% tariffs on goods from the EU and Mexico

Starting August 1, the United States is imposing 30% tariffs on goods imported from the European Union and Mexico. President Donald Trump announced this on social media, expanding tariff restrictions to a number of countries.

Economy • July 12, 01:31 PM • 11229 views
Slovakia intends to reach an agreement by July 15 on stopping gas supplies and imposing sanctions against Russia

Slovakia aims to conclude an agreement with the European Commission and EU partners by July 15 regarding energy security guarantees. Without these guarantees, the country is blocking a new package of sanctions against Russia, related to the cessation of Russian gas imports.

News of the World • July 12, 11:16 AM • 13981 views
US sanctions should be synchronized with the 18th EU sanctions package - Sybiha

Ukraine hopes for new US sanctions against Russia and their synchronization with the 18th EU sanctions package. The goal is to force the Russian Federation to cease fire on all fronts.

Politics • July 12, 11:04 AM • 15650 views
MFA reacted to another large-scale shelling by Russia

Ukrainian Foreign Minister Andriy Sybiha reacted to Russian strikes on Lviv, Lutsk, and Chernivtsi, calling on partners to intensify work on the 18th package of sanctions. He emphasized the need to deprive Moscow of oil revenues that finance war crimes.

Politics • July 12, 08:16 AM • 9869 views
US-EU trade deal on the verge of collapse: Bloomberg learns of stumbling blocks

The trade agreement between the US and the EU may fall apart due to disagreements over customs tariffs on agricultural products and cars. The EU proposes to limit tariffs on agricultural exports to 10%, while the US insists on flexibility; there are also disagreements regarding tariffs on cars.

Economy • July 11, 11:23 PM • 7210 views
EU considers new sanctions against Russia, still in price cap negotiations - Kallas

EU's top diplomat Kaja Kallas condemned Russian attacks on Ukraine, calling them unacceptable. Brussels is considering the 18th package of sanctions and discussing a price cap on oil for the Russian Federation.

Politics • July 11, 02:06 PM • 4220 views
Exclusive
Money without a quest: how SEPA can change the life of Ukrainian business and whether it will affect the euro exchange rate

Ukraine's accession to SEPA will allow Ukrainian banks and fintech companies to operate under European conditions, simplifying euro transfers. This will open up new opportunities for businesses and Ukrainians abroad, although the euro exchange rate will depend on other factors.

Economy • July 11, 02:05 PM • 270496 views
Under pressure from high borrowing costs and sanctions: Russia's coal industry in crisis

The Russian coal industry is experiencing a crisis due to high borrowing costs, sanctions, and falling demand in China. Only half of the companies remain profitable, and some mines have suspended production.

Economy • July 11, 12:21 PM • 3564 views
For the first time in history, solar energy generated more electricity in the EU than any other source - Media

In June 2025, solar energy accounted for 22. 1% of the EU's total electricity, surpassing nuclear energy and fossil fuels. The Netherlands and Greece became record-breakers, while dependence on coal sharply decreased.

News of the World • July 11, 06:55 AM • 5826 views
Italy to strengthen defense cooperation and investments for Ukraine's reconstruction

Italian Prime Minister Giorgia Meloni announced the strengthening of defense cooperation with Ukraine and the encouragement of private investments for post-war reconstruction. At a conference in Rome, air defense and drone technologies were discussed, as well as the creation of a fund to mobilize private capital.

Politics • July 11, 06:42 AM • 8158 views
Merz named the condition under which frozen Russian assets can be unfrozen

German Chancellor Friedrich Merz stated in Rome that Russian assets could be unfrozen on the condition that Ukraine is compensated 500 billion euros. Frozen Russian assets abroad amount to over 300 billion euros.

Economy • July 11, 04:47 AM • 3756 views
Zelenskyy and Tusk discussed strengthening air defense and defense production

Ukrainian President Volodymyr Zelenskyy met with Polish Prime Minister Donald Tusk to discuss the situation on the battlefield and Ukraine's defense needs. The leaders also touched upon strengthening air defense and cooperation in arms production.

Politics • July 10, 08:07 PM • 4914 views
Zelenskyy held talks with European leaders: discussed Ukraine's accession to the EU and sanctions against Russia

President Zelenskyy met with European Commission President Ursula von der Leyen and European Council President António Costa. The parties discussed Ukraine's European integration and the 18th package of sanctions against Russia, as well as a new support package of over 2 billion euros.

Politics • July 10, 07:37 PM • 3561 views
EU concluded an agreement with Israel on increasing humanitarian aid supplies to Gaza - Kallas

The European Union and Israel have reached an agreement to improve the humanitarian situation in Gaza. Measures include increasing humanitarian aid supplies, restoring aid routes, and repairing infrastructure.

News of the World • July 10, 07:32 PM • 7747 views
EU countries want to classify plans for full abandonment of Russian gas - media

EU governments are demanding that Brussels keep national plans for phasing out Russian oil and gas by the end of 2027 secret. This is due to the desire to avoid influencing market prices and disclosing confidential information.

Economy • July 10, 06:22 PM • 4742 views
Zelenskyy: We are close to decisions on sanctions against Russia by the US and Europe

President Zelenskyy announced expectations of a decision regarding the 18th package of sanctions against Russia and the US's proximity to implementing them. Ukraine is also working on joint drone production with several countries, including Denmark and Germany.

Politics • July 10, 05:34 PM • 3768 views
Massive shelling by Russia and increased investment in Ukrainian drone production: Zelenskyy met with Merz

Ukrainian President Volodymyr Zelenskyy met with German Federal Chancellor Friedrich Merz, discussing massive Russian shelling, increased investment in Ukrainian drone production, and the situation on the battlefield. Germany reaffirmed its support for Ukraine on its path to European integration and called on Slovakia to unblock the 18th package of EU sanctions against Russia.

Politics • July 10, 03:35 PM • 2636 views
Suspicions of Russian espionage: EU Commission dismisses translator previously involved in communication with Zelenskyy

The European Commission has dismissed a freelance translator over security concerns. The translator took notes during a meeting between European leaders and Volodymyr Zelenskyy, which is prohibited by the EU code of conduct.

Politics • July 10, 03:33 PM • 3761 views
Exclusive
Fulfilled a contract - responsible for the counterparty? Experts draw attention to gaps in approaches to the responsibility of customers in economic relations

Ukrainian companies, in particular LLC "MS AVIA-GRADE", face unsubstantiated accusations and responsibility for the actions of their suppliers, even when complying with the law. Experts emphasize systemic problems of law enforcement and the need for a clear distinction of responsibility between the customer and the supplier.

Economy • July 10, 02:43 PM • 280081 views
Ukraine will be ready to open negotiation clusters for EU accession this year - Zelenskyy

The President stated that Ukraine will be ready to open other clusters of negotiations on accession to the European Union this year.

Politics • July 10, 01:51 PM • 3336 views
The President of the Czech Republic presented his plan for post-war reconstruction of Ukraine

Czech President Petr Pavel presented a plan for post-war reconstruction of Ukraine in Rome. It envisages attracting private capital, institutional reforms, and shared responsibility of allies.

Politics • July 10, 12:53 PM • 2839 views
Ukraine's recovery is impossible without its victory in the war against Russia - Tusk

Polish Prime Minister Donald Tusk emphasized that Ukraine's reconstruction depends on its victory in the war, which means territorial integrity and lasting peace. He noted that Ukraine's victory is a matter of security for all of Europe and the return of people to the country.

Politics • July 10, 12:11 PM • 1999 views
Merz publicly called on Fico to unblock the 18th EU sanctions package against Russia

German Chancellor Friedrich Merz publicly appealed to Slovak Prime Minister Robert Fico, urging him to support the 18th EU sanctions package against Russia. Slovakia is blocking the package due to unresolved issues regarding gas supplies after 2027.

Politics • July 10, 11:56 AM • 2794 views
European Parliament rejects no-confidence vote in European Commission President von der Leyen

European Commission President Ursula von der Leyen successfully survived a no-confidence vote initiated by the far-right in the European Parliament. 360 MEPs voted against the resolution, 175 voted for, allowing her to retain her position.

News of the World • July 10, 11:05 AM • 1728 views
Ukraine received another €1 billion from the EU from profits on frozen Russian assets

Ukraine received 1 billion euros from the EU from profits on frozen Russian assets. Since the beginning of the year, Ukraine has already received more than 18.5 billion dollars from frozen Russian funds.

Economy • July 10, 10:17 AM • 1732 views
"Don't just watch": Sybiha urged partners to act after Russia's attack on Kyiv on July 10

The Foreign Minister urged foreign partners not to delay new sanctions against Russia after the massive attack on Kyiv on July 10. He emphasized the need for quick action on the US Senate bill and the 18th EU sanctions package.

Society • July 10, 08:39 AM • 2718 views
Exclusive
Ukraine Reconstruction Conference in Rome: What aid to expect and what sums our country needs

The meeting in Rome will focus on Ukraine's long-term recovery and the mobilization of investments, particularly private sector funds.

Economy • July 10, 05:21 AM • 30221 views
Sybiha met with EU Commissioner for Enlargement Marta Kos: key takeaways

Ukrainian Foreign Minister Andriy Sybiha met with EU Commissioner for Enlargement Marta Kos. They discussed Ukraine's integration into the EU, unblocking negotiation clusters, and increasing sanctions pressure on Russia.

Politics • July 9, 09:57 PM • 2257 views
X CEO Linda Yaccarino resigns

X CEO Linda Yaccarino announced her resignation after two years at the helm, thanking Elon Musk for his trust. She emphasized the platform's transformation into a "digital town square for all voices" and noted that "the best is yet to come" with the xAI company.

News of the World • July 9, 06:57 PM • 2317 views