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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
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 • 3103 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 • 2835 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 • 3240 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 • 3354 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 • 3070 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 • 3567 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 • 2357 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 • 2526 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 • 2640 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 • 3029 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 • 3185 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 • 3507 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 • 2519 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 • 3451 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 • 4774 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 • 3564 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 • 3542 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 • 2635 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 • 2852 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 • 3664 views
President Zelenskyy said what he discussed during a phone call with Tusk.

The President of Ukraine and the Prime Minister of Poland discussed further steps for a peaceful settlement. The topic of opening the first negotiation clusters regarding Ukraine's accession to the EU was also raised.

Politics • May 21, 11:10 AM • 3239 views
Shooting of Portnov in Madrid: what is known so far

In Spain, near the American School, Andriy Portnov was killed. Unknown persons approached him and fired five shots, one of which was fatal.

Crimes and emergencies • May 21, 10:59 AM • 7476 views
The EU has approved borrowing up to €150 billion under the SAFE instrument for European defense: what is envisaged for Ukraine

The EU has created a SAFE instrument with borrowing of up to €150 billion for investments in defense. Ukraine will receive support through increased military assistance and integration of defense industries.

War in Ukraine • May 21, 10:54 AM • 3841 views
The EU does not have many opportunities left to introduce the next package of sanctions against the Russian Federation - media

The EU is working on a new package of sanctions against the Russian Federation, but opportunities are limited due to the position of the US. Without their support, the sanctions may be ineffective, especially on energy resources.

Politics • May 21, 10:08 AM • 4675 views
Trump overestimated his influence on Putin - Pistorius

The German Defense Minister stated that Trump mistakenly assessed his influence on Putin. Negotiations did not yield results, the EU is preparing new sanctions against the Russian Federation.

Politics • May 21, 09:32 AM • 5734 views
The EU will allocate €5.5 million to support "Radio Liberty" after funding cuts from the US

The European Union will allocate €5. 5 million to support "Radio Liberty" after funding cuts from the US. This decision was made after criticism from the Trump administration regarding the work of the media.

News of the World • May 21, 06:22 AM • 13116 views
Britain imposes sanctions against British accountant for aiding Russia with "shadow fleet"

The United Kingdom has imposed sanctions against English accountant John Michael Ormerod for assisting Russia in expanding its "shadow fleet" of tankers. Ship captains and financial institutions were also sanctioned.

News of the World • May 21, 05:19 AM • 3742 views
Trump refused to tighten sanctions against Russia for the sake of economic cooperation with the Kremlin - NYT

Donald Trump will not support the EU's sanctions pressure on Russia, seeking to deepen economic cooperation. This may create a split in NATO, as Europe will continue sanctions.

Politics • May 21, 02:28 AM • 13384 views
"Hit the aggressor where it really hurts": Lithuanian Foreign Minister calls for a radical 18th package of EU sanctions against Russia

Kęstutis Budrys stated that the 18th package of EU sanctions should target the Russian energy sector, including gas, oil, nuclear fuel, as well as financial institutions. He called for breaking the "vicious circle" of Russia avoiding punishment.

Politics • May 21, 12:19 AM • 4019 views
The EU has delivered two-thirds of the 2 million promised artillery shells to Ukraine - Sybiha

The countries of the European Union have already provided Ukraine with two-thirds of the 2 million promised artillery shells. Work is currently underway to ensure the supply of the remaining ammunition.

War in Ukraine • May 20, 11:20 PM • 3906 views