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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
WHO approves monkeypox vaccine for adolescents

The WHO has approved Bavarian Nordic's monkeypox vaccine for vaccination of adolescents aged 12-17. The company is also preparing for clinical trials of the vaccine for children aged 2-12.

News of the World • October 14, 01:00 PM • 11386 views
Exclusive
New businesses, business grants, investments: how Kyiv region's communities support economic development

How communities in Kyiv region support economic development.

Economy • October 14, 12:52 PM • 126249 views
It's official: EU Council announces sanctions against Iran for supplying ballistic missiles to Russia

The EU imposed sanctions on 7 individuals and 7 organizations in Iran for transferring missiles and drones to Russia. The restrictions include an asset freeze and a ban on entry to the EU for those involved in the arms supply.

News of the World • October 14, 10:44 AM • 9667 views
EU ministers adopted sanctions against Iran for supplying ballistic missiles to Russia - dpa

EU foreign ministers approve sanctions against Iran for supplying ballistic missiles to Russia for use in Ukraine. The decision was confirmed by diplomats to dpa.

War in Ukraine • October 14, 09:34 AM • 15745 views
Russia has increased the capacity of its shadow oil fleet by about 70% in a year despite Western sanctions - FT

The volume of Russian oil transported by the shadow fleet increased from 2. 4 to 4.1 million barrels per day. 70% of Russian marine oil is transported by poorly maintained and insufficiently insured tankers.

War in Ukraine • October 14, 08:59 AM • 16848 views
Orban plans to block $50 billion in aid to Ukraine to help Trump - Politico

Hungarian Prime Minister Orban is preparing to disrupt a $50 billion loan to Ukraine to help Trump in the election. He refuses to extend EU sanctions, blocking US participation in the financing.

Politics • October 14, 07:46 AM • 14375 views
Currency exchange rate for October 14: National Bank strengthened the hryvnia

The National Bank of Ukraine has strengthened the official hryvnia exchange rate by 2 kopecks to 41. 1891 UAH/USD. On the interbank market, the dollar is traded at UAH 41.13-41.16, the euro at UAH 45.00-45.02.

Economy • October 14, 06:16 AM • 14393 views
For the first time in 2 years: British Foreign Secretary to join EU ministers for talks on the Middle East and Ukraine

David Lammy will join EU ministers in Luxembourg to discuss the Middle East and Ukraine. The visit is part of the new British government's efforts to “reset” relations with the EU.

Politics • October 14, 05:52 AM • 16219 views
Signatures are being collected in Latvia to ban the “X” platform (formerly Twitter)

Latvia has started collecting signatures to restrict or ban the activities of the X platform. The initiator calls for an assessment of the platform's relevance to Latvia's interests and for it to become an example for the EU in the fight against disinformation.

News of the World • October 13, 08:07 PM • 29569 views
EU wants to invest in Ukrainian defense industry instead of constant arms supplies - WP

The EU allocates $440 million to support Ukraine's defense industry. This marks a change in the EU's approach to war and highlights the shortcomings of its own defense sector in producing weapons.

War in Ukraine • October 13, 05:29 PM • 44344 views
Turkey imposes anti-dumping duties on Asian and Russian steel

Turkey imposed anti-dumping duties on imports of hot-rolled steel from China, Russia, India and Japan. The duties range from 6.10% to 43.31% and apply to about 4 million tons of imported products worth $2-2.2 billion.

News of the World • October 12, 10:51 PM • 20443 views
Poland plans to restrict the right to asylum for refugees from Belarus

Polish Prime Minister Donald Tusk announced plans to temporarily ban asylum for refugees from Belarus. This decision is related to fears that Russia is using migrants to destabilize the EU.

News of the World • October 12, 09:26 PM • 23863 views
In Georgia, three TV channels were fined for refusing to broadcast a video with footage of Ukraine

A court in Tbilisi has fined three opposition TV channels for refusing to broadcast a political advertisement for the Georgian Dream. The video contained footage of destroyed buildings in Ukraine.

Politics • October 12, 07:08 PM • 30475 views
Sibiga and Borrell discuss progress in providing Ukraine with €35 billion from frozen russian assets

Minister Sibiga discussed with Borrell the progress of the €35 billion loan to Ukraine from frozen russian assets.

Politics • October 12, 05:53 PM • 21705 views
The EU demands an immediate independent investigation into the death of journalist Roshchyna

The European External Action Service has called for an immediate independent investigation into the death of Ukrainian journalist Viktoria Roshchyna. The EU emphasizes that Russia was fully responsible for her safety after her illegal detention.

War in Ukraine • October 12, 11:05 AM • 25336 views
India becomes the second largest supplier of banned technologies to Russia - Bloomberg

According to Bloomberg, exports of prohibited goods from India to Russia have increased significantly, reaching $95 million in July. Almost one-fifth of sensitive technologies for the Russian military-industrial complex come through India.

News of the World • October 12, 03:11 AM • 33987 views
Journalist Victoria Roshchyna, killed in Russian captivity, is honored in downtown Kyiv

A rally in memory of Ukrainian journalist Viktoria Roshchyna, who died in Russian captivity, is held on Maidan Nezalezhnosti. Roshchyna was held in a Taganrog detention center and a colony in occupied Berdiansk, where she was tortured.

Society • October 11, 04:48 PM • 19421 views
EU to impose sanctions on Iran for transferring ballistic missiles to Russia next week - media

The EU will impose sanctions on individuals and organizations over Iran's transfer of ballistic missiles to Russia. The first package of restrictions will be introduced on October 13 and will affect about a dozen individuals and organizations.

News of the World • October 11, 04:42 PM • 16379 views
Unrecognized Transnistria wants to hold its own referendum on the EU

Unrecognized Transnistria has announced its intention to hold its own referendum on its attitude toward the EU. This is a reaction to Moldova's plans to hold a constitutional referendum on joining the European Union without taking into account the votes of Transnistrians.

News of the World • October 11, 03:48 PM • 15329 views
Shmyhal on the approval of granting 35 billion euros to Ukraine through the use of frozen assets of the Russian Federation: should be available by the end of the year

EU envoys agree to provide Ukraine with €35 billion from frozen Russian assets. According to Prime Minister Shmyhal, the funds should be available by the end of 2024.

Economy • October 11, 02:39 PM • 42543 views
The Ministry of Education and Culture supports the draft law on the ban on speaking Russian in educational institutions during breaks - Lisovyi

The Ministry of Education and Science supports a bill to ban the Russian language in schools during breaks and in private communication. Minister Oksen Lisovyi emphasized the importance of protecting the Ukrainian language and the languages of national communities.

Society • October 11, 01:52 PM • 14146 views
EU shocked by reports of journalist Victoria Roshchina's death in Russia - Stano

The European Commission says the EU is shocked by reports of the death of journalist Victoria Roshchina in Russia. The EU calls on Moscow to comply with international law and stop violating the rights of prisoners.

War in Ukraine • October 11, 01:38 PM • 16572 views
Exclusive
Almost 35 thousand exhibits stolen by Russia from six museums in five de-occupied regions of Ukraine

From 6 museums in 5 de-occupied regions of Ukraine, 34,872 museum objects from the state part of the Museum Fund were stolen. The return of cultural property may take years, the Ministry of Culture said.

War in Ukraine • October 11, 01:16 PM • 177646 views
Ukraine plans to develop agrarian diplomacy with the support of FAO

The Ministry of Agrarian Policy of Ukraine has discussed with FAO the implementation of a project to develop agrarian diplomacy. The plan is to train specialists to promote Ukrainian agricultural products on international markets.

Politics • October 11, 12:56 PM • 16466 views
Ukraine and Hungary plan to create a joint agro-industrial hub

The ministers of agriculture of Ukraine and Hungary discussed the idea of opening a joint agro-industrial hub on the border. The goal is to process, transship and pack Ukrainian export products.

Economy • October 11, 11:14 AM • 37895 views
The head of the committee explained why the $50 billion loan from the EU and the US should be stretched over two years

The head of the Budget Committee, Roksolana Pidlasa, explained the need to distribute the $50 billion loan from the EU and the US over two years. This is due to the one-time nature of the payment and the lack of new agreements for the future.

Economy • October 11, 08:34 AM • 13837 views
EU postpones the implementation of the border control system again

The EU has postponed the introduction of fingerprint and face scanning at the borders. Germany, France, and the Netherlands declared that the systems are not ready, and no new implementation schedule has been set.

News of the World • October 11, 06:50 AM • 34999 views
World Bank creates new fund for Ukraine with support from the US, Japan and Canada - Reuters

The World Bank Board of Directors has approved the establishment of a Financial Intermediary Fund for Ukraine. The Fund will receive funds from the United States, Japan, and Canada.

Economy • October 11, 04:05 AM • 39315 views
Zelenskyy: if we implement the Victory Plan, Russia will not be able to continue the war and will be forced to peace

The President of Ukraine said that the implementation of the Victory Plan will force Russia to end the war. Zelenskyy discussed with the Italian Prime Minister the preparation of a new security package and the situation at the front.

War in Ukraine • October 10, 09:47 PM • 17338 views
Latvia allows foreign volunteers to serve in the army

The Latvian Saeima has passed amendments allowing citizens of other countries to serve in the Latvian army during mobilization. This applies to citizens of the EU, NATO, and Ukraine, provided they have legal residence and knowledge of the language.

News of the World • October 10, 06:08 PM • 18722 views