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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
The NBU is ready to regulate virtual assets: what does Pyshnyi propose

The National Bank of Ukraine is ready to assume part of the responsibility for regulating the virtual asset market. The NBU will work to ensure that the market functions without the risk of uncontrolled regulatory arbitrage.

Economy • February 13, 04:04 PM • 29753 views
Trump and Putin to try to reach ceasefire in Ukraine by Easter or May 9 - FT

The Financial Times reports on a possible ceasefire in Ukraine by Easter or May 9 at the initiative of Trump and Putin.

War in Ukraine • February 13, 03:08 PM • 37083 views
NBU Head: Tax authorities will not get uncontrolled access to banking secrecy

NBU Governor Andriy Pyshnyi has stated that uncontrolled access to bank secrecy is unacceptable. According to him, this is a fundamental institution of trust in banks, which should be regulated by appropriate procedures.

Economy • February 13, 02:58 PM • 24742 views
EU Commissioner: Ukraine's will must be central to any peace deal

European Commissioner for Justice Michael McGrath said that the will of Ukraine should be central to any peace agreement. He emphasized that aggression cannot be rewarded.

War in Ukraine • February 13, 01:03 PM • 36139 views
A sad testimony: Orbán criticises Brussels' “worthless” stance in support of Ukraine

The Hungarian prime minister criticised Brussels' position on supporting Ukraine. Orban compared the EU's statements to ‘support for murder’ and said, that a place in the negotiations must be earned.

Politics • February 13, 12:59 PM • 28980 views
Business urges authorities to declassify information on Ukrainian subsoil

The EBA called on the government to remove the classification of information on mineral deposits in Ukraine. The restrictions hinder international cooperation and investment in the extractive industry.

Economy • February 13, 12:17 PM • 52030 views
“Peace in Europe is at stake": the EU reacted harshly to Trump's talks with Putin

European leaders express concern over Trump's phone call with Putin about Ukraine. European foreign ministers insist on EU participation in future peace talks.

Politics • February 13, 10:41 AM • 38822 views
US State Department announces Kellogg's visit to Ukraine

Keith Kellogg will visit Germany, Belgium, and Ukraine on February 13-22 to promote a plan to end the war. At the Munich conference, he will present an offer of military support in exchange for resources.

War in Ukraine • February 13, 03:23 AM • 112937 views
Europe demands participation in negotiations and is ready to strengthen support for Ukraine

The foreign ministers of Ukraine and seven European countries declared their readiness to increase support for Ukraine. Europe insists on participating in future peace talks and providing Ukraine with strong security guarantees.

War in Ukraine • February 12, 11:13 PM • 83609 views
Germany has started to refuse entry to Ukrainians: who is affected

German border guards may refuse entry to Ukrainians who have already received protection in other EU countries. The visa-free regime for short-term travel remains in effect, but it is necessary to prove the tourist purpose of the visit.

Society • February 12, 05:46 PM • 61988 views
Ukraine and Estonia start a new stage of tax system digitalization: Kravchenko gives details

Ukraine has signed a memorandum of understanding with Estonia on cooperation in the digitalization of tax administration. The project will last for two years and includes digitalization of services, data protection, and integration with EU systems.

Economy • February 12, 03:11 PM • 27502 views
NATO Secretary General: no repeats of Minsk agreements, Ukraine must start negotiations from a position of strength

NATO Secretary General Mark Rutte said that future peace talks to end the war in Ukraine should be conducted from a position of strength. According to him, the EU and the US should increase assistance to Ukraine to achieve this goal.

War in Ukraine • February 12, 01:17 PM • 27061 views
“The reaction will be simply devastating": Rutte warns Putin against attacking NATO

Mark Rutte said that NATO would respond with a devastating response in the event of a Russian attack on the Alliance. The Secretary General emphasized the importance of helping Ukraine and strengthening its own defense capabilities.

War in Ukraine • February 12, 12:54 PM • 34838 views
Rada adopts law on simplified registration of medicines: what will change for Ukrainians

The Verkhovna Rada has passed a law on simplified drug registration and transparent pricing. The new rules provide for price control of medicines and simplified registration of drugs from the EU, the UK and the US.

Politics • February 12, 11:59 AM • 66423 views
Survey: Ukrainians' attitude to the suspension of USAID project funding

69% of Ukrainians believe that the suspension of USAID funding will have negative consequences for the country. At the same time, 59% see this as an element of justice due to the ineffectiveness of some projects.

Society • February 12, 11:38 AM • 101442 views
Armenia begins historic EU accession process: what is happening in the country

The National Assembly of Armenia has passed in the first reading a bill to start the EU accession process. The draft law was voted in favor by 63 deputies and supported by a public initiative and the government.

News of the World • February 12, 10:25 AM • 22086 views
Artificial intelligence may inhibit human cognition and harm critical thinking skills - study

A study by Microsoft and Carnegie Mellon University has shown that overconfidence in AI impairs people's cognitive abilities. A survey of 319 IT professionals revealed a direct correlation between confidence in AI and a decrease in critical thinking.

Technologies • February 12, 07:24 AM • 28102 views
European winemakers are adapting to changing consumer habits: what is involved

Wine producers in the EU are adapting to falling demand due to changing consumer habits, especially among young people. Experts recommend developing the market for non-alcoholic wines, which will grow to 14 billion euros by 2031.

Economy • February 12, 07:23 AM • 41250 views
Currency exchange rate for February 12: The National Bank has lowered the hryvnia exchange rate

The NBU sets the official exchange rate at 41. 66 UAH/USD and 43.01 UAH/EUR. Ukraine will receive the second tranche of EUR 1.9 bn from frozen Russian assets in April.

Economy • February 12, 07:09 AM • 30594 views
Japan asks the US to exempt it from duties on steel and aluminum

The Japanese government has asked the United States to exempt Japanese companies from the new 25% tariffs on steel and aluminum. In 2024, Japan exported more than 480 billion yen worth of steel and non-ferrous metals to the United States.

News of the World • February 12, 04:02 AM • 28036 views
Smuggling of medicines worth more than UAH 1.3 million detected at the border with the EU

At the Krakivets checkpoint, two attempts to smuggle medicines from Italy and Germany were detected. Psychotropic drugs and medicines for diabetes and obesity were found in Mercedes cars.

Crimes and emergencies • February 11, 08:25 PM • 30156 views
Ukraine has lost a point in the Corruption Perceptions Index: Transparency International cites scandalous appointment of ARMA head among reasons

Ukraine received 35 points out of 100 in the Corruption Perceptions Index for 2024, losing one point compared to last year. One of the main reasons for this is the scandalous appointment of the head of the ARMA.

Politics • February 11, 03:37 PM • 243614 views
Exclusive
Ukraine is preparing to legalize cryptocurrency: what will change for businesses and citizens

The draft law on cryptocurrency legalization in Ukraine is ready for consideration by the Verkhovna Rada. The document is based on the European MiCA regulations and provides for the creation of a transparent market for virtual assets.

Society • February 11, 03:29 PM • 130082 views
Polish EU Presidency announces another €1.9 billion from Russian assets for Ukraine and the 16th package of sanctions against Russia: deadlines announced

The Polish Minister of European Affairs announces the second tranche of funds from frozen Russian assets for Ukraine. The EU also plans to introduce the 16th package of sanctions against Russia on the anniversary of the invasion.

Economy • February 11, 02:12 PM • 33151 views
Ukraine is creating a single logistics space with the EU: the government explained why and how

Ukraine is implementing joint customs control with the EU and modernizing its border infrastructure. By 2030, it is planned to upgrade 29 and build 17 new checkpoints.

Economy • February 11, 11:27 AM • 30665 views
“They will not go unanswered": von der Leyen reacts to the US decision on duties on steel and aluminum

Ursula von der Leyen promised to introduce tough measures in response to the new US duties on European steel and aluminum. The European Commission intends to protect the economic interests of the EU, workers and consumers.

Economy • February 11, 10:00 AM • 27837 views
Due to COVID-19, fatalities are recorded more often, although influenza is beginning to outpace diagnoses

In Ukraine, COVID-19-related deaths are more common, although influenza is ahead in terms of the number of diagnoses. The largest increase in the incidence is observed in the western regions due to the larger number of children and migration.

COVID-19 • February 11, 08:41 AM • 23096 views
EU plans to review distribution of multibillion-dollar foreign aid - Bloomberg

The European Commission intends to restructure multibillion-dollar foreign aid to better align with political interests. The bloc seeks to strengthen alliances and secure strategic interests in a challenging international environment.

Economy • February 11, 06:41 AM • 30979 views
Austria and Ukraine discussed reconstruction and European integration: what was decided

The Deputy Head of the OP held talks with a representative of the Austrian Ministry of Foreign Affairs on Ukraine's reconstruction and European integration. Austria has already provided over EUR 800 million in assistance and supports further reforms in Ukraine.

War in Ukraine • February 11, 04:08 AM • 108000 views
Protest in Tbilisi: police detain demonstrators near parliament

In the center of Tbilisi, police detained protesters, including politician Levan Gogichaishvili, for blocking Rustaveli Avenue.

News of the World • February 10, 10:00 PM • 25597 views