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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
Missile strikes, business adaptation, and a record $70 billion in reserves: NBU releases macro forecast for 2026–2028

The National Bank of Ukraine presented a macro forecast for 2026-2028, expecting $54 billion in international aid in 2026. Key risks include missile strikes and funding delays.

Economy • July 30, 02:29 PM • 3162 views
The EU reacted to the Russian attack that violated Poland's airspace

European leaders condemned the Russian attack that violated Poland's airspace. They stated it poses a threat to Europe's security and promised to increase support for Ukraine.

Politics • July 30, 11:30 AM • 5405 views
Ukraine received another tranche of almost 3.5 billion euros from the EU

Prime Minister Serhiy Koretskyi announced the receipt of 3. 47 billion euros from the EU. The funds will be directed to defense and priority needs.

Politics • July 30, 10:20 AM • 19568 views
EU has changed Ukraine's Reform Plan for an additional 8.3 billion euros under the Ukraine Facility

The EU Council approved amendments to the Ukraine Plan, adding 8. 3 billion euros in credit for 2026. The reforms include strengthening the rule of law and the fight against corruption.

Economy • July 30, 10:14 AM • 4347 views
Cabinet proposes to cancel the benefit on import parcels up to 150 euros – KoretskyVideo

The government approved a draft law on canceling the VAT exemption for imported goods up to 150 euros. The new rules may come into effect no earlier than 2027, and gifts up to 45 euros will not be taxed.

Economy • July 29, 08:41 PM • 20107 views
In Bosnia, Ukraine's faster EU accession has been questioned due to the war and loss of control over territories

Bosnia's Minister of Foreign Affairs Elmedin Konaković stated that he does not support Ukraine's accelerated EU accession because it does not control its entire territory. He emphasized that the EU should apply the same approaches to all candidates.

Politics • July 29, 08:15 PM • 20489 views
EU plans sanctions against a record 1,600 companies for aiding Russia in the war - Bloomberg

The EU proposes to impose sanctions against over 1,600 companies that help Russia in the war against Ukraine. This is the largest sanctions package, which will increase the number of sanctioned entities by 50%.

Politics • July 29, 10:08 AM • 26623 views
NYT: Iran considered the possibility of striking a Ukrainian seaport

Iran promised a "retaliatory strike" after the drone attack in the Caspian Sea, considering Ukraine's Black Sea ports as targets. Diplomatic efforts, including a conversation between the foreign ministers, calmed the situation.

Politics • July 29, 06:49 AM • 18372 views
Exclusive
Gasoline at 100 hryvnias - energy expert explains whether Ukraine is really threatened by a fuel crisis

Energy expert Stanislav Ignatiev stated that the current situation with fuel is not a systemic shortage, but logistical difficulties due to Russian attacks. He considers it unlikely that the price of gasoline will rise to 100 hryvnias per liter, as this would require a simultaneous combination of several crisis factors.

War in Ukraine • July 28, 02:42 PM • 325653 views
Hungary has created an agency to recover state funds embezzled during Orbán's era - Bloomberg

Lawmakers approved the creation of the National Asset Recovery Agency, which has broad powers to fight corruption. The new body will combine the functions of the prosecutor's office, police, and financial investigators.

Politics • July 28, 11:29 AM • 4384 views
Wife of Putin's spokesman Peskov files lawsuit to lift EU sanctions

Tatyana Navka, wife of Dmitry Peskov, challenges EU sanctions in court. She demands over 2 million euros in compensation.

Politics • July 28, 09:08 AM • 6358 views
Montenegro closes visa-free regime for Russians and Belarusians from November 1

The Government of Montenegro has decided to introduce a visa regime for citizens of Russia, Belarus, China, Saudi Arabia and Turkey from November 1. This was done to harmonize the country's visa policy with EU rules.

News of the World • July 27, 03:10 PM • 3890 views
Romania expels a Russian diplomat over drone incursion, recalls its ambassador to russia for consultationsPhoto

Romania summoned the russian ambassador and declared a Russian diplomat persona non grata due to airspace violations. Romania's ambassador to russia has also been recalled for consultations.

Politics • July 27, 02:04 PM • 95665 views
New rules for the work and rest of commercial vehicle drivers have come into force in UkrainePhoto

Updated rules on working hours and rest for commercial vehicle drivers have come into force in Ukraine, bringing legislation closer to EU standards. The new regulations provide for changes in the use of tachographs and drivers' rest conditions.

Society • July 27, 12:07 PM • 5221 views
Ukraine will not join the EU with Bandera on its flag - Polish Defense Minister

Poland's Defense Minister stated that Ukraine will not be able to join the EU if it continues to glorify Stepan Bandera. He also emphasized the need to meet requirements in agriculture and anti-corruption.

Politics • July 27, 11:48 AM • 5668 views
EU may abandon large sanctions packages against Russia after Greece's concessions - FT

EU considers abandoning large sanctions packages due to Greece's blocking of the 21st package. Greece secured an exemption for the company Dynagas, which softened the sanctions regime.

Politics • July 27, 10:36 AM • 43018 views
France and Spain fight forest fires, Bordeaux under threatVideo

In France, fires threaten Bordeaux, 220,000 people evacuated. In Spain, over 75,000 people have left their homes, 150,000 hectares have burned since January.

Society • July 27, 10:01 AM • 4776 views
Israeli airstrike eliminates senior Hamas military official in Gaza - Reuters

Colonel Wael El-Ledawi and Major Ramez Abu Zraik were killed in the Israeli airstrike. Hamas accuses Israel of violating the ceasefire.

News of the World • July 26, 06:34 PM • 10502 views
Romania summoned the Russian ambassador over a series of airspace violations by Russian drones

Romania's Ministry of Foreign Affairs summoned the Russian ambassador over a series of airspace violations by Russian drones. The diplomatic protest will be based on the results of investigations into the incursions.

Politics • July 26, 10:39 AM • 12394 views
Romanian F-16 shoots down third Russian drone in recent days

Romanian President reported the destruction of a Russian drone by an F-16 fighter. The downed drone turned out to be of the "Shahed" type, which is used by the Russian Federation in Ukraine.

News of the World • July 26, 09:10 AM • 6035 views
Legalization of russian money through Dubai: broker Nikki Koundnani called to be added to the sanctions lists of Ukraine and the West

The financial network around the Dubai broker Alchemy Markets and the payment brand Xoala services the withdrawal of capital from the Russian Federation. The authors of the investigation call for sanctions against the scheme's organizer, Nikki Koundnani.

Economy • July 25, 04:02 PM • 12025 views
Europe is gripped by a massive drought: forest fires rage, countries impose restrictions on water use

Three heatwaves have caused historically low soil moisture and water shortages. In France and Spain, tens of thousands of people have been evacuated due to forest fires.

News of the World • July 24, 11:35 PM • 4340 views
Ukraine condemned the violation of Romania's airspace by a Russian drone – Sybiha

Minister of Foreign Affairs Andrii Sybiha condemned the violation of Romania's airspace by a Russian drone. He called for increased pressure on Russia due to its disregard for international law.

Politics • July 24, 10:15 PM • 3920 views
EU countries opposed the 'money for reforms' model in the bloc's new budget

France, Italy, Spain and other EU countries opposed the European Commission's proposal to link payments from the 2028-2034 budget to the implementation of reforms. Critics fear payment delays and increased influence from Brussels.

Economy • July 24, 09:59 PM • 4766 views
Latvia handed Russia a note of protest after the strike on the honorary consulate in Sloviansk

Latvia handed the Russian Federation a note of protest over the airstrike on the consulate in Sloviansk. Two employees were injured, the honorary consul was not harmed.

War in Ukraine • July 24, 08:29 PM • 11857 views
Trump launches investigation into EU's multibillion-dollar fines against Google and Apple

US President Donald Trump announced an official investigation into unfair EU fines against American technology companies. This came after the EU fined Google 890 million euros for violating antitrust laws.

News of the World • July 24, 06:39 PM • 4496 views
Kallas will propose new sanctions against the Russian military-industrial complex after strikes on Ukraine

The EU's top diplomat condemned the attacks on Kyiv and other regions, calling them targeted against civilians. She will propose additional restrictions against the Russian military-industrial complex.

Politics • July 24, 05:47 PM • 3698 views
"The time for gradual decisions is over": Sybiha calls for stronger sanctions after new Russian strikes

Andriy Sybiha stated that the international community must respond to the escalation of aggression with new tough sanctions and increased economic pressure on Russia.

War in Ukraine • July 24, 03:26 PM • 3452 views
Russian Dvorkovich left the post of FIDE president due to EU sanctions

Arkady Dvorkovich, former deputy prime minister of Russia, suspended his duties as FIDE president after EU sanctions. His duties will be temporarily performed by Vice President Viswanathan Anand.

Sports • July 24, 02:54 PM • 7732 views
China, in response to EU sanctions, imposed export restrictions, affecting Rheinmetall

China imposed export controls on 14 European companies, including Rheinmetall, in response to the 21st EU sanctions package against Russia. The EU is assessing Beijing's measures, and the economic consequences may be limited.

Politics • July 24, 01:00 PM • 3989 views