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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
German company sent technologies to Russia after the EU sanctions came into force for more than 3.5 million euros - Politico

German company Kontron, through its Slovenian subsidiary Iskra Technologies, exported telecom technologies to Russia, despite EU sanctions. The export lasted from July to November 2023.

Economy • May 23, 09:45 AM • 3349 views
In Brussels, the possibility of depriving Hungary of its voting rights in the EU Council will be discussed again.

On May 27, the EU Council will discuss the suspension of Hungary's voting rights due to violations of EU values. This is the eighth hearing within the framework of the procedure initiated by the European Parliament in 2018.

News of the World • May 23, 09:23 AM • 3394 views
Oil prices head for first weekly loss since April on prospect of OPEC+ supply increase

Brent and WTI crude fell more than 2%, weekly decline for the first time in three weeks. OPEC+ is considering increasing production by 411,000 barrels per day.

Economy • May 23, 07:40 AM • 4490 views
Merz stated that Germany will not allow the exploitation of "Nord Stream-2" – Financial Times

German Chancellor Friedrich Merz stated that "Nord Stream-2" will not receive a license for exploitation. The German government is ready to counteract attempts to restore the project after the damage.

Economy • May 23, 06:57 AM • 3468 views
The EU has called for increased preparedness for war and natural disasters - FT

Following the Russian invasion of Ukraine, the Netherlands and 7 other EU countries have called for an urgent strengthening of civil preparedness for man-made and natural disasters. They insist on accelerating work on threat analysis.

News of the World • May 23, 06:36 AM • 3242 views
The National Security and Defense Council has confirmed a successful drone attack on the "Energiya" plant in Russia, which produces batteries for UAVs.

The Russian military-industrial complex plant "Energiya" in the Lipetsk region, which supplied power elements for UAVs and other equipment of the Russian army, was attacked by drones. Due to the attack, the plant is suspending its operations.

War in Ukraine • May 23, 05:57 AM • 3691 views
The Presidents of Cyprus and Finland discussed the Russian war in Ukraine in the context of European security

Alexander Stubb stated that the future of Ukraine is key to the security of Europe and stability in the Middle East. This issue was discussed during a meeting with the President of Cyprus.

War in Ukraine • May 23, 04:32 AM • 4163 views
EU market remains open for Ukrainian goods - Stefanishyna

According to Stefanishyna, Ukraine and the EU have started a dialogue on trade. The European Commission's decision on transitional measures for export is intermediate.

Economy • May 23, 02:23 AM • 3836 views
The European Union has opened another 8 chapters in membership negotiations with Albania

The EU Council has decided to open another 8 chapters of membership negotiations with Albania within the "Competition and Inclusive Growth" cluster. Benchmarks have been set for the provisional closure of these chapters.

Politics • May 22, 11:15 PM • 4030 views
Italy supports EU efforts to stop importing Russian gas by 2027 - Reuters

Italy fully supports EU efforts to stop importing Russian gas by 2027. The country has already achieved energy independence from Russia by minimizing gas imports.

Economy • May 22, 06:02 PM • 3968 views
Ukraine proposes to the European Union to finance the Armed Forces of Ukraine from 2026 - Marchenko

Minister of Finance of Ukraine Serhiy Marchenko stated that the expenses for the Ukrainian army for the EU are a small percentage of GDP. He emphasized that this will help to strengthen Europe's defense faster.

War in Ukraine • May 22, 05:24 PM • 3088 views
Sybiha held the first telephone conversation with the newly appointed head of the Canadian Ministry of Foreign Affairs Anand: what they discussed

Minister of Foreign Affairs of Ukraine Andriy Sybiha held negotiations with the head of the Canadian Ministry of Foreign Affairs Anita Anand. They discussed peace for Ukraine and sanctions against the Russian Federation.

Politics • May 22, 05:04 PM • 2806 views
Zelensky Invited Slovenian Prime Minister to Join Ukraine-Southeast Europe Summit President of Ukraine Volodymyr Zelensky invited the Prime Minister of Slovenia Robert Golob to participate in the Ukraine-Southeast Europe Summit.

Volodymyr Zelenskyy held a conversation with the Prime Minister of Slovenia, Robert Golob, and invited him to the Ukraine - Southeast Europe summit. Slovenia will be represented at the summit.

Politics • May 22, 03:12 PM • 3197 views
Bond yields in the world have reached a maximum: the governments of the USA, European countries and Japan are cutting spending

Governments are forced to cut spending due to the high cost of long-term borrowing. Also, rising rates affect lending to businesses and households. Their opportunities are limited.

Economy • May 22, 02:39 PM • 3306 views
Serbia needs "real reforms" to count on joining the EU - Kallas

EU Foreign Minister Kaya Kallas stated that Serbia must implement real reforms, including in the fight against corruption, in order to move towards the EU. In addition, the European Union criticizes the country's authorities for strengthening ties with Russia.

News of the World • May 22, 02:29 PM • 3052 views
Finland is "preparing for the worst" amid Russia's troop buildup on the border - Guardian

Finland is closely monitoring Russia's troop buildup on the border. The Finnish military is preparing for the worst-case scenario, fearing an expansion of the Kremlin's aggression.

News of the World • May 22, 01:41 PM • 3510 views
Ukraine has received over $133 billion in aid from partners since the start of the full-scale war - Ministry of Finance

Over three years, Ukraine has received over $133 billion in international aid. Germany has provided €17.3 billion, and Canada – €10.3 billion.

War in Ukraine • May 22, 01:05 PM • 2320 views
Zelenskyy discussed steps towards EU membership with the President of North Macedonia

Volodymyr Zelenskyy coordinated steps towards EU membership with Gordana Siljanovska-Davkova. The parties also discussed preparations for the summit of leaders of Southeast European countries.

Politics • May 22, 10:59 AM • 2508 views
Poland is not preparing provocations on the border with Belarus: the Center for Combating Disinformation debunked another Kremlin fake

Poland has strengthened border protection due to the threat of a breakthrough by illegal migrants, and not for provocations against joint exercises of the Russian Federation and Belarus. Kremlin fakes are aimed at elections in Poland.

Politics • May 22, 10:51 AM • 2603 views
The European Parliament supported increasing duties on fertilizers from Russia and Belarus

The European Parliament approved an increase in duties on Russian and Belarusian fertilizers, as well as agricultural goods. This decision aims to reduce the EU's dependence on imports from these countries.

Economy • May 22, 10:06 AM • 2940 views
Within the G7 format, they agreed to continue supporting Ukraine - German Minister

The finance ministers of the G7 countries agreed to continue supporting Ukraine. Despite uncertainty about the US position, the group of countries is determined to show solidarity.

War in Ukraine • May 22, 09:51 AM • 3134 views
Zelenskyy announced the Ukraine - Southeastern Europe summit: the Prime Minister of Greece has already promised to be there

The President of Ukraine announced the Ukraine - Southeastern Europe summit, where he invited the Prime Minister of Greece, Kyriakos Mitsotakis. They discussed increasing pressure on Russia and supporting Ukraine.

Politics • May 22, 09:39 AM • 3457 views
EU allocates 40 million euros to military spending for the first time

The EU is investing €40 million in the European Defence Fund for the first time to boost military capabilities. This comes amid growing security threats due to the war in Ukraine.

News of the World • May 22, 09:07 AM • 2491 views
Britain accused Russia of trying to hack cameras on EU borders to disrupt aid to Ukraine

Russian military intelligence hacked security cameras on EU borders, stole passwords and conducted cyberattacks to disrupt the supply of Western aid to Ukraine, British intelligence reports.

War in Ukraine • May 22, 07:56 AM • 3419 views
MEPs call on Brussels to completely freeze funding for Hungary

26 MEPs called on Brussels to freeze funding for Hungary due to restrictions on freedoms, undermining democracy and ignoring EU values. The letter was signed by representatives of several factions of the European Parliament.

Politics • May 22, 03:14 AM • 4740 views
Banking sector, energy and shadow fleet: Zelenskyy urged Costa to make the next package of sanctions against Russia even stronger.

Zelenskyy held a conversation with the President of the European Council, António Costa, regarding sanctions against Russia and Ukraine's membership in the EU. Costa confirmed that if Russia refuses to cease fire, sanctions will be applied.

Politics • May 21, 05:38 PM • 3529 views
Tusk stated that he promoted the non-extension of the EU "trade visa-free regime" with Ukraine

Prime Minister Tusk announced that Poland will not extend the duty-free import of goods from Ukraine after June 5, 2025. He stated the threat to the Polish market and the need to protect interests.

Economy • May 21, 03:58 PM • 3500 views
Zelenskyy ratified the law to maintain stable trade with the EU in 2025

The President ratified the law for uninterrupted trade between Ukraine and the EU during the transition to new customs regulations from January 1, 2025. Until the end of 2025, parallel use of old and new rules of origin of goods is allowed.

Economy • May 21, 03:19 PM • 2591 views
Will be in short supply: spring frosts destroyed almost half of the cherry and sweet cherry harvest - EastFruit

Due to the April and May frosts in Ukraine, up to 55% of the cherry harvest and 35-50% of the cherry harvest were lost, the southern and northern regions were the most affected. Experts predict rising prices for berries and possible shortages.

Economy • May 21, 02:15 PM • 2831 views
Ukraine proposes that the EU strengthen its tough sanctions plan against Russia, as the US hesitates - Reuters

Ukraine proposes that the EU confiscate Russian assets and impose sanctions on oil buyers, as the US hesitates to increase pressure on the Russian Federation. Kyiv calls on the EU to take the lead in sanctions policy.

War in Ukraine • May 21, 01:03 PM • 3585 views