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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
Kallas: EU countries have increased military aid to Ukraine to €23 billion this year

In 2024, European Union countries have allocated over 23 billion euros in military aid to Ukraine. This is more than the 20 billion euros allocated last year.

War in Ukraine • April 11, 10:29 AM • 6321 views
The global level of plastic recycling remains unchanged, despite the increase in its production - research

Research shows that plastic recycling is hardly increasing, despite the increase in its production. In 2022, only 9.5% of new plastic was made from recycled materials.

News of the World • April 11, 09:17 AM • 9793 views
Exclusive
Legalization of virtual currency in Ukraine: the National Securities and Stock Market Commission spoke about the preparation of the draft law

Ukraine is preparing a draft law to legalize virtual assets, which is based on the European MiCA directive. The NSSMC, together with the NBU, are working on the document to protect investors.

Economy • April 11, 09:11 AM • 287511 views
Kallas: The EU lacks clarity on the forces needed to ensure Ukraine's security

Kaja Kallas stated that the EU still lacks clarity on the forces needed to guarantee Ukraine's security. She emphasized the importance of increasing pressure on Russia.

Politics • April 11, 08:27 AM • 4958 views
Ukraine is ready to provide the EU with evidence regarding sanctioned individuals who finance Russian aggression - Stefanishyna

Ukraine is ready to provide the EU with information on the involvement of sanctioned individuals in financing Russian aggression. This was stated by Stefanishyna during a meeting of the European Commission's Working Group.

Politics • April 11, 07:54 AM • 3527 views
Xi Jinping's tour: against the background of the trade war with the USA, the leader of the People's Republic of China will go to Vietnam, Malaysia and Cambodia

The Chinese leader will visit three Southeast Asian countries to strengthen economic ties. The visit takes place against the background of trade tensions between the USA and China.

News of the World • April 11, 06:46 AM • 4184 views
EU leaders are planning a visit to China for negotiations with Xi Jinping: what is the reason

EU representatives plan to meet with Chinese President Xi Jinping in July to discuss trade. This comes amid trade tensions between the US and China.

Economy • April 11, 01:15 AM • 8192 views
Britain and France will accelerate military planning of a "coalition of the willing" within two weeks

Great Britain and France are planning to increase military support for Ukraine. In particular, security guarantees and the restoration of the Armed Forces of Ukraine are being considered.

War in Ukraine • April 10, 11:43 PM • 28981 views
Shmyhal met with his Belgian counterpart: they discussed defense cooperation and sanctions against Russia

Ukraine and Belgium will cooperate in the defense sector and increase joint production. The parties also discussed sanctions against Russia and Ukraine's European integration.

War in Ukraine • April 10, 06:16 PM • 12032 views
Ukraine is preparing strong sanctions packages against Russia's shadow fleet - Zelenskyy

Ukraine is preparing new sanctions packages against Russia, including against the shadow tanker fleet. The sanctions are aimed at stopping the financing of the war and will be synchronized with partners.

War in Ukraine • April 10, 06:09 PM • 11638 views
The Hague Tribunal will not try Putin while he remains the President of the Russian Federation - Euronews

The Special Tribunal regarding aggression against Ukraine will not try Putin, Mishustin, and Lavrov in absentia while they are in power. An absentia trial is possible only after Putin's resignation.

War in Ukraine • April 10, 05:58 PM • 13494 views
EU institutions reached an agreement on the first ever law on soil: what it entails

EU institutions have reached an agreement on the first law on soil, which provides for a five-level assessment of their condition. A public list of contaminated sites and the "polluter pays" principle will also be created.

News of the World • April 10, 05:25 PM • 10976 views
Exclusive
Rare Earth Rift: How the US and China are exacerbating global economic turbulence

The US and China are fighting for rare earth metals, affecting economic stability. Ukraine and the US are working on an agreement to jointly protect minerals.

Economy • April 10, 03:28 PM • 397299 views
Return to economic fundamentals: how the world is reacting to Trump's customs "pause" - CNN

Trump's decision to suspend tariff increases was positively received in Europe and Asia. Uncertainty remains, keeping the world on edge, but there is hope for economic prudence.

News of the World • April 10, 12:17 PM • 10445 views
Russia reports drone attack on important defense industry facility: what is known

The plant, which is part of the Russian military-industrial complex, was damaged. Ukraine, the EU, the US, Britain, Japan and Switzerland have imposed sanctions against the plant for supporting the war.

War in Ukraine • April 10, 12:07 PM • 11883 views
Maintaining monuments requires money: visiting ancient sites in Greece becomes more expensive, up to 30 euros

From April, entrance to museums and archaeological sites in Greece will become more expensive, with a ticket to the Acropolis costing 30 euros. Free admission for EU citizens under 25 years of age remains.

News of the World • April 10, 12:06 PM • 7100 views
Technical consultations on the agreement with the USA on minerals will take place in Washington: Stefanishyna announced the date

Tomorrow, technical consultations will take place in Washington with teams from the Ministries of Justice and Economy. Any agreement cannot harm Ukraine's goals regarding the EU.

Economy • April 10, 11:38 AM • 9320 views
Hungary will conduct a survey of citizens next week regarding support for Ukraine's accession to the EU

Next week, Hungary will begin sending out ballots for a survey of citizens regarding support for Ukraine's membership in the EU. The Hungarian government continues to express concern about this issue.

Politics • April 10, 11:34 AM • 9227 views
Russia will never give up on assets frozen in the West - Peskov

Putin's spokesman said that the Kremlin will "protect" its frozen assets. He added that some EU countries are against using them for the reconstruction of Ukraine.

Politics • April 10, 11:24 AM • 7640 views
The EU is suspending its countermeasures in response to the 90-day "pause" announced by Trump

The European Union is suspending planned counter-tariffs on American goods for 90 days. This happened after the US announced a moratorium on tariffs for negotiations.

Economy • April 10, 10:59 AM • 111801 views
Shmyhal stated that US minerals deal can't hurt Ukraine's EU coals - Bloomberg

Ukraine is sending a working group to the US to negotiate a minerals agreement, seeking greater investment. Shmyhal emphasized that the agreement will not harm European integration.

Economy • April 10, 10:51 AM • 9054 views
"Visa-free transport" between Ukraine and the EU extended until the end of the year

Ukrainian carriers will continue not to require permits. Exports to the EU increased by 42%, imports to Ukraine increased by 37%.

Economy • April 10, 10:15 AM • 169805 views
The European Union remains committed to constructive negotiations with the United States - Ursula von der Leyen

Ursula von der Leyen announced her readiness for negotiations with the US for seamless trade. The EU is diversifying its partnership with countries that make up 87% of world trade.

News of the World • April 10, 08:07 AM • 10436 views
The EU and China discussed cooperation amid the introduction of duties by the US - Reuters

China and the European Union discussed strengthening economic cooperation in response to US tariffs. The discussion concerned the resumption of negotiations on trade preferences and prices for electric vehicles.

Economy • April 10, 06:10 AM • 12056 views
Trump Confirmed Readiness to Meet with Xi Jinping and Called Him His Friend

The US President announced his readiness to meet with the Chinese President. This is happening against the backdrop of escalating trade tensions and rising tariffs between the countries.

Economy • April 10, 03:14 AM • 66888 views
Hungary may support new sanctions against Russia: Szijjártó names the condition

Péter Szijjártó stated that Hungary may support sanctions against Russia if Trump punishes Putin for disrupting the peace agreement on Ukraine. Budapest considers the current sanctions ineffective.

Politics • April 10, 01:43 AM • 11499 views
iPhones will rise in price to $3,500 if they start being manufactured in the USA - CNN

Moving iPhone production to the US will triple its cost due to labor costs and the reproduction of the production ecosystem. Apple shares fell due to concerns about duties.

Economy • April 9, 10:31 PM • 50949 views
Will the EU not extend the "trade visa-free regime" for Ukraine? European Commissioner revealed details

The European Union is likely to terminate the anti-crisis measures for the Ukrainian economy on June 5. The reason was the protests of farmers and governments of a number of EU countries due to the influx of cheap Ukrainian products.

Economy • April 9, 08:25 PM • 10506 views
The agreement between Ukraine and the USA regarding resources must comply with the course of European integration - PACE

The PACE resolution emphasizes that the agreement between Kyiv and Washington regarding resources must comply with the course of European integration. Any agreement must not violate the economic sovereignty of Ukraine.

Economy • April 9, 05:34 PM • 15055 views
PACE adopted a resolution on the need for accountability for Russia's aggression - MP

PACE adopted a resolution on Russia's responsibility for aggression, including the creation of a special tribunal and compensation. It also calls for increased sanctions against the Russian Federation and its accomplices.

War in Ukraine • April 9, 05:16 PM • 11078 views