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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
Orban unexpectedly shows up at hotel where Georgian opposition leaders meet with Western diplomats

Hungarian Prime Minister Viktor Orban unexpectedly arrives at the Tbilisi Marriott Hotel, where the opposition was meeting with Western diplomats. His official visit to Georgia comes after disputed parliamentary elections criticized by the EU.

News of the World • October 28, 03:20 PM • 16632 views
China warns the EU of the consequences of separate negotiations on electric vehicles

China's Ministry of Commerce has warned the EU against holding separate negotiations with electric vehicle manufacturers. China emphasized that such actions could undermine mutual trust and hinder overall negotiations.

News of the World • October 28, 03:04 PM • 16634 views
Ukrainians name the most important reforms and assess their implementation - survey results

According to the survey, Ukrainians rate the digital transformation reform the best - 66% are satisfied. The worst are judicial and anti-corruption reforms.

Society • October 28, 11:01 AM • 12872 views
Georgian Prime Minister says EU integration remains a priority for the country

Georgian Prime Minister Irakli Kobakhidze reaffirmed the country's priority of European integration. He emphasized the importance of economic performance for EU accession, despite opposition criticism of election irregularities.

News of the World • October 28, 09:24 AM • 14053 views
Borrell and the European Commission call for transparency of the electoral process in Georgia

OSCE international observers recorded serious violations during the elections in Georgia, including pressure on voters. The EU called for an investigation into the violations and democratic reforms.

News of the World • October 27, 07:46 PM • 25383 views
G7 is preparing new measures against Russia's shadow fleet and compliance with the oil price ceiling: what is known about the circumvention of sanctions

Russia is using old unmarked tankers to illegally transport oil around restrictions, and some countries are violating the price ceiling agreement.

Economy • October 27, 03:48 PM • 39058 views
Moldovan presidential candidate Stoianoglo pledges support for Ukraine in war

In a debate with Maia Sandu, candidate Alexandru Stoianoglo declared his intention to strengthen relations with Ukraine. Sandu responded by accusing him of ties with Moscow, recalling his pro-Russian stance.

Politics • October 27, 02:56 PM • 40355 views
EIB and EBRD to finance €12 million to set up 112 emergency service in Ukraine

The EIB and the EBRD will provide grant funding for the implementation of the 112 emergency system in Ukraine. The project will unite all emergency services into a single system based on European standards.

Society • October 27, 09:35 AM • 65845 views
Georgia determines its political future in parliamentary elections

Parliamentary elections are being held in Georgia, where the pro-Russian Georgian Dream party is leading with 40% of support. The pro-European opposition has a chance to form a government, as the leader will not be able to rule alone.

News of the World • October 25, 11:29 PM • 20100 views
G7 to provide $50 billion loan to Ukraine

The G7 leaders agreed to provide Ukraine with $50 billion in loans through the Emergency Revenue Acceleration Facility. The funds will be serviced from immobilized russian assets.

War in Ukraine • October 25, 10:03 PM • 63955 views
More than 50% of foreign workers complain of discrimination in Germany

56% of foreign professionals in Germany report discrimination, especially when looking for housing. The IAB study found significant bureaucratic obstacles for immigrants, despite recent legislative changes.

News of the World • October 25, 04:24 PM • 15712 views
Beijing has begun building ties with U.S. allies ahead of Trump's possible return - Bloomberg

China has launched a diplomatic “charm offensive” against US allies amid a possible Trump victory. Beijing is seeking to improve relations with Japan, India, Britain and Australia over economic concerns.

News of the World • October 25, 03:56 PM • 14702 views
Elections in Georgia: the ruling party is caught in a scandal over the “Russian trace” in a campaign video

Georgia's ruling party has released an election video that appeared to be similar to a 2018 Russian advertisement. Earlier, the party had already gotten into a scandal for using photos of destroyed Ukraine in its campaigning.

News of the World • October 25, 01:55 PM • 13790 views
“Georgian Dream illegally used photos of destroyed Ukraine in advertising banners: new details

The author of the photo of the destroyed church in Bohorodichne claimed that the photo was stolen for the Georgian Dream election campaign. Photographer Lev Radin categorically refused to use the photo, but the party ignored the ban.

News of the World • October 25, 12:44 PM • 15425 views
Exclusive
Attracting investment in times of war: challenges and opportunities for Ukrainian communities

Attracting investment in times of war: challenges and opportunities for Ukrainian communities.

Economy • October 25, 12:28 PM • 285160 views
Government creates strategic reserve for rapid construction of fortifications

The Cabinet of Ministers has decided to create a reserve of materials for the construction of fortifications. This will allow the construction of fortifications to be deployed promptly in places designated by the military.

War in Ukraine • October 25, 10:23 AM • 32210 views
Ukraine to extend four-year program with the EU Ukraine Facility

Ukraine is continuing to implement the four-year EUR 50 billion Ukraine Facility program with the EU. Shmyhal also confirmed continued cooperation with the IMF and insisted on the confiscation of Russian assets.

Economy • October 25, 10:03 AM • 12807 views
Ukraine will receive a record amount from frozen assets of the Russian Federation: details from Shmygal

The G7 and the EU will provide Ukraine with about $50 billion from frozen Russian assets. The funds are to be used for defense, recovery and support of Ukrainians this year.

War in Ukraine • October 25, 10:00 AM • 64957 views
EU prepares to tighten sanctions against Russia, fearing Trump's actions - Reuters

European diplomats are developing a plan to tighten sanctions against Russia in the wake of Trump's possible return to the US presidency. New restrictions will include supply controls, oil and LNG sanctions.

War in Ukraine • October 25, 09:45 AM • 18017 views
Canadian businesses sound the alarm over new immigration restrictions

Canada plans to reduce its permanent resident quotas from 485,000 to 365,000 by 2027. The business community is concerned about possible labor shortages and the loss of foreign workers.

News of the World • October 25, 08:50 AM • 13742 views
To prevent them from entering Russia: Finland introduces special licenses for export of ammunition components

Finland is introducing special licenses for the export of ammunition components to prevent them from reaching Russia. The draft law is under consideration until November 28, 2024.

Politics • October 25, 08:24 AM • 16977 views
EU plans to raise tariffs on food and fertilizers from Russia, Belarus - Bloomberg

The European Union is discussing increasing duties on agricultural goods, food and fertilizers from Russia and Belarus. Some member states are calling for large-scale restrictions, while others are asking for an assessment of the impact on prices first.

News of the World • October 25, 03:41 AM • 19162 views
Kyiv region to appeal to foreign partners to support Victory Plan - Kravchenko

The communities of Kyiv region and the RMA start working to unite the twin communities to support the Victory Plan. The plan contains 5 main points and 3 secret documents to achieve a just peace.

Politics • October 24, 05:42 PM • 24622 views
Trump's tariffs will hit the EU, with Germany at greatest risk

If Trump wins and imposes 20% import duties, the eurozone's GDP could shrink by 1. 3% by 2028. Germany will suffer the most, with a GDP decline of up to 1.5%.

Economy • October 24, 01:39 PM • 20018 views
The European Commission sees an opportunity to reduce emissions through tax policy

European Commissioner Wopke Hoekstra proposes to change the tax system to stimulate green technologies. The EU also plans to revise emission standards for new vehicles by 2026.

Economy • October 24, 10:26 AM • 18245 views
Yanukovych's son received Russian citizenship: what is he doing in Russia

alexander yanukovych, the son of the former fugitive president, has been granted Russian citizenship. 10 years ago, he registered a company in St. Petersburg, whose main activity is the management of financial and industrial groups.

News of the World • October 24, 06:20 AM • 17783 views
Currency exchange rates as of October 24: the dollar and the euro fell in value

The NBU has set the official hryvnia exchange rate at 41. 2739 UAH/USD, which strengthened the hryvnia by 6 kopecks. The dollar and euro are also trading at lower rates in banks and exchange offices.

Economy • October 24, 06:12 AM • 18879 views
Orban accuses the EU of trying to “overthrow” his government in Hungary

Hungarian Prime Minister Viktor Orban said that the EU is trying to deprive him of power because of disagreement with his policies on Ukraine and migration. He compared his rally to the anti-Soviet uprising of 1956.

Politics • October 24, 03:42 AM • 108747 views
This will really support us: Zelensky on $20 billion in US aid

The US will provide Ukraine with $20 billion in additional assistance from frozen russian assets. This is part of a $50 billion support package from the G7 and the EU that is important to implement this year.

Politics • October 23, 05:28 PM • 19271 views
Ukraine may not receive 4 billion euros from the EU on time due to non-compliance with conditions: what is known

Ukraine risks not receiving 4 billion euros from the European Union if the law on plea bargaining is not adopted in time. This could also jeopardize the disbursement of a €35 billion loan from the EU Council.

Politics • October 23, 02:29 PM • 18231 views