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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
Trade tensions push gold to a historic record of $3000

The price of gold is rising due to concerns about Trump's customs policy and geopolitical instability. Experts predict further increases in the price of the precious metal.

Economy • March 14, 08:19 AM • 24852 views
EU prepares "White Paper" on defense investments to deter Russia and support Ukraine - Politico

The EU plans to develop the defense industry by reducing US support. The priority is to provide Ukraine with weapons, ammunition and strengthen cooperation in the defense sector.

War in Ukraine • March 14, 06:32 AM • 47057 views
Trump's threat to impose a 200% tariff on European wines: France and Spain have reacted

The French Prime Minister called Trump's statement about raising tariffs on alcohol from the EU a provocation. The Spanish government called for calm and firmness.

Economy • March 14, 12:32 AM • 87823 views
Hungary has agreed to extend EU sanctions against more than 2,000 Russians - media

The European Union will agree on March 14 to extend personal sanctions against Russian citizens for 6 months. Hungary has given its consent after the removal of three people from the list.

Politics • March 13, 08:20 PM • 16469 views
Bribery scandal in the European Parliament: Searches at Huawei and suspicion of MEPs

Belgian police conducted searches in Huawei's offices in Brussels on suspicion of corruption of MEPs. Lobbyists could pay bribes to influence EU decisions.

News of the World • March 13, 02:40 PM • 13091 views
Turkey wants closer EU ties in exchange for security: this could include participation in a peacekeeping mission in Ukraine - Bloomberg

Erdogan seeks closer cooperation with the EU in defense and economics in exchange for security, which may include the participation of Turkish troops in a peacekeeping mission in Ukraine. Ankara is assessing a non-combat mission.

War in Ukraine • March 13, 02:12 PM • 21201 views
Trump threatens EU with 200% duty on wine over tariffs on American whiskey

Trump has threatened to introduce a 200% duty on European wines if the EU does not abolish the 50% duty on whiskey from the USA.

Economy • March 13, 01:08 PM • 17682 views
AGRO UKRAINE SUMMIT 2025: How and when will the international summit for agricultural sector specialists take place?

Agro Ukraine Summit will take place on June 6, 2025 in Kyiv. The summit will bring together producers, processors, logistics operators and traders to discuss the development of the agricultural sector.

Business News • March 13, 12:13 PM • 67873 views
Hungary threatens to block EU sanctions against Russians unless Fridman is removed from list - FT

Hungary threatens to block the extension of EU sanctions against 2,000 Russians, demanding the exclusion of oligarch Fridman. Restrictions expire on Saturday unless all EU countries agree to an extension.

War in Ukraine • March 13, 11:00 AM • 109152 views
G7 Foreign Ministers meet in Canada: on the agenda - Rubio's summary of the meeting with Ukraine in Jeddah

G7 foreign ministers are meeting in Canada amid disagreements between US allies and Trump over foreign policy and tariffs. They will discuss Ukraine and the Russian shadow fleet.

War in Ukraine • March 13, 10:40 AM • 22191 views
13 detained and a million in cash: a joint EU operation was carried out in Ukraine due to a call-center scheme

Law enforcement officers of Ukraine, Lithuania and Latvia exposed 14 members of a criminal organization. Fraudsters extorted money from EU citizens, posing as bankers and law enforcement officers.

Crimes and emergencies • March 13, 08:29 AM • 149045 views
The issue of EU sanctions against Russia may become a topic of negotiations on Ukraine - Rubio

US Secretary of State Marco Rubio stated that EU sanctions will be discussed at negotiations with Russia on a ceasefire in Ukraine. The issue of frozen Russian assets is also likely to be raised.

Politics • March 13, 03:31 AM • 17252 views
Exclusive
Cybersecurity in Ukraine: how to protect your funds from fraudsters?

The number of cyber frauds is increasing in Ukraine. Experts advise to be vigilant, not to follow suspicious links and to use reliable antivirus programs to protect your finances.

Crimes and emergencies • March 12, 12:20 PM • 243513 views
Europe responds to Trump's tariffs: the tariff list includes women's peignoirs and chicken wings

The European Union has responded to US tariffs on steel and aluminum by publishing a list of goods that will be affected by tariffs. It includes meat, poultry, alcohol, chewing gum and women's negligee.

Economy • March 12, 11:24 AM • 19230 views
Scholz commented on the idea of a truce between Ukraine and Russia

German Chancellor Olaf Scholz supported the idea of a 30-day ceasefire between Ukraine and Russia, calling it an important step towards a just peace. Kaya Kallas welcomed the negotiations between Ukraine and the United States in Jeddah.

Politics • March 12, 09:32 AM • 40576 views
US steel and aluminum tariffs take effect

The US has imposed 25% tariffs on steel and aluminum imports, affecting allies and economic rivals. Alcoa Corp warns of threats to jobs and rising prices.

Economy • March 12, 06:40 AM • 14953 views
The EU will strengthen the fight against illegal migration and create "return centers"

The European Union plans to create common rules for the deportation of migrants and "return centers" in third countries. This should increase the number of deportations and change the rules for sending asylum seekers.

News of the World • March 12, 04:35 AM • 20144 views
EU Council: Now Russia must demonstrate its willingness to achieve peace

The European Union supported the joint statement of Ukraine and the United States on peace after negotiations in Saudi Arabia. Now Russia must demonstrate its readiness for peace, the EU said.

War in Ukraine • March 12, 01:33 AM • 21630 views
The EU is ready to play its full role in future peace negotiations - von der Leyen

Ursula von der Leyen welcomed the American-Ukrainian talks on a 30-day ceasefire and the restoration of aid. The EU is ready to participate in future peace negotiations.

War in Ukraine • March 11, 07:38 PM • 17411 views
EU launches new €1.6bn business initiative as part of Ukraine's economic recovery programme

The European Union intends to allocate €1. 6 billion to support Ukrainian SMEs through partner banks under the UIF. The program prioritizes funding for businesses in affected regions and demining enterprises.

Economy • March 11, 01:21 PM • 16928 views
Andriy Yermak: "A ceasefire has never been this close before"

The Head of the Office of the President Andriy Yermak stated that security guarantees, increased sanctions, and control over frozen assets of the Russian Federation are necessary to achieve peace.

War in Ukraine • March 11, 11:14 AM • 108699 views
Ukraine on the path to roaming "visa-free" with the EU: the government made a decision

The Cabinet of Ministers is making a decision regarding roaming "visa-free" travel with the European Union. Prime Minister Shmyhal stated that this will strengthen the connection of Ukrainians abroad with their homeland and promote the unity of the nation.

Society • March 11, 10:29 AM • 13057 views
The EU has granted temporary protection to 4.3 million Ukrainians: which countries accepted the most

As of January 2025, 4. 3 million Ukrainians have received temporary protection in EU countries. The most refugees were accepted by Germany (27.3%), Poland (23.2%), and the Czech Republic (9.2%).

Society • March 11, 07:50 AM • 52419 views
Exclusive
Fintech expert Olena Sosedka spoke about the economic potential after the legalization of cryptocurrencies in Ukraine

Ukraine is actively striving to integrate cryptocurrencies into its financial system, but the lack of legislative regulation hinders the full entry into force of the law "On Virtual Assets. " Fintech expert Olena Sosedka believes that the legalization of cryptocurrencies will attract investments, increase the country's competitiveness, create mechanisms for user protection, and additionally replenish the budget by billions of hryvnias.

Economy • March 11, 06:00 AM • 193554 views
11 EU countries want to use defense funds to purchase critical medicines

Health ministers from 11 EU member states propose including the purchase of essential medicines in the scope of defense funds. The initiative may gain access to a portion of the funds from the €800 billion "Re-arm Europe" plan.

Politics • March 9, 05:15 PM • 40998 views
Brussels plans to introduce a ban on entry to the EU for forcibly deported people

The European Commission will present a new law on the repatriation of illegal migrants from the territory of the EU. Ursula von der Leyen announced the introduction of the "European Return Order" and a ban on entry for deported individuals.

News of the World • March 9, 03:14 PM • 27896 views
France and Germany are arguing over a 150 billion euro plan for EU defense - FT

The EU plans to allocate 150 billion euros for the development of the defense industry. France insists on using the funds only within the EU, while Germany wants to involve partner countries.

War in Ukraine • March 8, 01:10 PM • 33756 views
EU plans to produce 2 million shells this year - European Commissioner

European Commissioner Andrius Kubilius announced the EU's plans to increase shell production to 2 million units this year. The Ukrainian defense industry has increased production 35 times during this period - to 35 billion euros per year.

War in Ukraine • March 8, 10:42 AM • 61308 views
"Putin shows that he is not interested in peace": Kallas urged the EU to increase military support for Ukraine after the massive attack by the Russian Federation

The head of EU diplomacy, Kaja Kallas, reacted to the massive attacks by the Russian Federation on Ukraine's energy infrastructure.

War in Ukraine • March 8, 10:08 AM • 20463 views
Trump's team is considering lifting the oil price cap if negotiations with Russia progress - Bloomberg

Advisors to the US president are exploring the possibility of lifting some sanctions against Russia, including the oil price cap. Such changes could occur if there is progress in negotiations to end the war in Ukraine.

War in Ukraine • March 8, 07:19 AM • 67964 views