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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 needs $19 billion to rebuild its healthcare system - report

Ukraine's healthcare system needs $19. 4 billion to rebuild over the next 10 years. Medical facilities in Donetsk, Kharkiv, Luhansk and Kherson regions suffered the greatest damage.

Society • February 28, 01:31 PM • 23999 views
Schedule of the Zelensky-Trump meeting at the White House: what to expect

A detailed schedule of the meeting between the presidents of Ukraine and the United States at the White House has been released. The main purpose of the visit is to conclude an agreement on mining.

Politics • February 28, 12:19 PM • 34552 views
Shmyhal: Ukraine has a security guarantee agreement with the US

Ukraine has a signed security assurance agreement with the United States and about 30 other similar agreements with other partners. Some of the agreements are already in place, with partners providing financial assistance and weapons.

Politics • February 28, 09:46 AM • 27510 views
Orban makes a new statement on Ukraine's accession to the EU: what he said

Hungarian Prime Minister Viktor Orban has said that Ukraine's accession to the EU is “unthinkable” at the moment. He believes that it would destroy the Hungarian economy, although he does not rule out changing his position in the future.

Politics • February 28, 09:44 AM • 30177 views
Von der Leyen: peace talks must lead to a just peace, with a prosperous Ukraine

The head of the European Commission said that it was necessary to achieve a just peace with a prosperous Ukraine within the EU. The EU plans to increase defense spending and expand cooperation with partners, including India.

War in Ukraine • February 28, 09:00 AM • 30025 views
EU to appoint representative to negotiate end to war in Ukraine - Bloomberg

EU leaders will discuss the appointment of a special representative to negotiate an end to the war in Ukraine. The summit on March 6 will also consider a plan to finance the defense industry for hundreds of billions of euros.

Politics • February 27, 07:48 PM • 26450 views
Starmer and Trump meet in the Oval Office: what the leaders discuss

British Prime Minister Keir Starmer met with US President Donald Trump to discuss important issues. The leaders plan to discuss the situation in Ukraine, Russia, trade, and have a joint lunch.

Politics • February 27, 06:23 PM • 30925 views
Trump extends sanctions against Russia for a year

Donald Trump has signed a document extending US sanctions against Russia for a year over the invasion of Ukraine. The restrictive measures imposed in 2014-2022 will remain in effect until March 6, 2025.

War in Ukraine • February 27, 05:54 PM • 114867 views
Meloni is caught between two fires: support for Ukraine or friendship with Trump

Italian Prime Minister Giorgia Meloni is facing a dilemma over a possible EU military mission in Ukraine. She has to balance between supporting European ambitions and maintaining good relations with Trump.

Politics • February 27, 05:35 PM • 24994 views
Trump announces tariffs on Canada, Mexico and additional fees on China

The US imposes a 25% duty on goods from Canada and Mexico due to drug trafficking and illegal migration. An additional 10% duty is imposed on Chinese imports, causing financial markets to fall.

Economy • February 27, 05:08 PM • 51440 views
Zelenskyy discusses steps to end the war with Irish Prime Minister

The President of Ukraine met with Michael Martin to discuss steps to end the war and security guarantees. The parties discussed cooperation in demining, EU training missions and the Food from Ukraine program.

Politics • February 27, 04:34 PM • 24228 views
The EU needs Ukraine to strengthen its strategic autonomy: research presented in the Rada committees

The study identified three areas where Ukraine could strengthen the EU's strategic autonomy: critical materials, industry, and food. Ukraine's integration could double its GDP in 10 years and create 815,000 jobs.

Business News • February 27, 04:02 PM • 67714 views
Sanctions against the shadow fleet: more than 300 Russian tankers under attack

The UK has imposed sanctions on 40 tankers of Russia's shadow fleet. Together with the EU and Canadian sanctions, more than half of the tankers transporting Russian oil are under restrictions.

Economy • February 27, 03:17 PM • 26679 views
Ukraine could lose up to €4 billion annually if the EU does not extend preferential trade

The EU may not extend trade preferences for Ukraine after June 6, 2025. This could lead to annual losses of EUR 3.5-4 billion for the Ukrainian economy and a return to the old system of quotas and duties.

Business News • February 27, 03:02 PM • 63415 views
Zelenskyy to visit Ireland ahead of important US talks - Guardian

The President of Ukraine will visit Ireland to meet with Prime Minister Michael Martin. Zelenskyy will then travel to the United States to discuss an agreement on rare earth minerals.

Politics • February 27, 11:36 AM • 26630 views
Revolut entered the Ukrainian market without a NBU license: what it means for customers

Lithuanian Revolut Bank UAB started operating in Ukraine without obtaining the necessary permits from the NBU. The regulator emphasizes that the company must obtain a banking license, and Ukrainian consumer protection legislation does not apply to its customers.

Economy • February 27, 10:18 AM • 25627 views
EU is preparing its biggest security initiative since the Cold War: Bloomberg has learned three elements of the plan

The European Union is developing the largest regional security initiative since the Cold War. The plan includes hundreds of billions of euros for defense and consists of three key funding elements.

News of the World • February 27, 09:41 AM • 64384 views
Trump administration terminates over 90% of USAID foreign aid awards

The US administration has terminated nearly 5,800 USAID grants, keeping only 500 worth $57 billion. Secretary Rubio has made a decision on each grant, but the plaintiffs are challenging the possibility of such a quick review.

Politics • February 27, 09:12 AM • 101462 views
By 2050, Ukraine's population could drop to 25 million people - WP

According to forecasts, Ukraine's population could drop to 25 million by 2050. Currently, the country is home to about 36 million people, 5 million fewer than before the war.

Society • February 27, 08:57 AM • 26018 views
Zelensky invited to EU summit on Ukraine on March 6

European Council President Antonio Costa invites Zelenskyy to Brussels for a special meeting on European defense. The meeting will begin at 12:30 with a discussion of security guarantees for Ukraine.

War in Ukraine • February 27, 08:49 AM • 67864 views
Europe considers creation of a “rearmament bank” or defense fund with British participation - FT

European officials are developing proposals to create a special defense fund to increase military investment. They are considering a “rearmament bank” and a special targeted instrument with a budget of 500 billion euros.

News of the World • February 27, 08:43 AM • 30513 views
EU worried about Trump's uncertainty over security guarantees for Ukraine - Politico

Macron did not receive specific commitments from Trump regarding Ukraine's security guarantees during his visit to Washington. The US refuses to provide significant guarantees, shifting the responsibility to Europe.

War in Ukraine • February 27, 07:49 AM • 28677 views
Merz unexpectedly meets with Macron in Paris: they were to discuss the US position on the war in Ukraine

CDU/CSU leader Friedrich Merz made his first foreign visit to Paris to meet with Macron. The conservative bloc won 208 seats in the Bundestag, but this is not enough to form a government.

Politics • February 27, 06:35 AM • 27583 views
Rubio-Callas meeting canceled 'abruptly' due to rising transatlantic tensions

The planned meeting between EU High Representative Kallas and US Secretary of State Rubio was canceled due to “scheduling issues. ” The cancellation comes amid rising tensions between the US and EU over migration and freedom of speech.

News of the World • February 27, 03:53 AM • 106975 views
Hungarian government wants to move gay pride parade from streets of Budapest to indoor venue

Viktor Orbán's government proposes to move the annual LGBT pride parade from the streets of Budapest to an enclosed space, explaining it as “child protection. ” This continues a series of restrictions on the rights of the LGBTQ+ community in Hungary.

News of the World • February 27, 02:28 AM • 18528 views
“The EU was created to rob the US": Trump threatens to impose 25% tariff on EU goods

Donald Trump announced the introduction of 25% tariffs on imports from the EU, including cars. The US President accused the EU of creating a bloc to “rob” the United States.

News of the World • February 26, 11:51 PM • 102940 views
EU extends sanctions against Yanukovych's entourage, list reduced to three people - media

The European Union has reduced the sanctions list for embezzlement of Ukrainian state funds from 18 to 3 people. Viktor Yanukovych, who has been under sanctions since 2014, is no longer on the list.

Politics • February 26, 08:48 PM • 33335 views
The United States did not support the WTO statement condemning Russian aggression

44 WTO members and Ukraine sign the annual statement condemning the impact of Russia's invasion. For the first time, the United States refused to support the document, indicating a change in its position.

News of the World • February 26, 05:41 PM • 27940 views
The EU renews sanctions against people associated with Yanukovych: the former president is no longer on the list

The European Union has extended sanctions against individuals associated with Yanukovych, but the list has been reduced from 18 to 3. Yanukovych himself is no longer on the sanctions list.

News of the World • February 26, 04:10 PM • 22736 views
Macron tells EU leaders about talks with Trump on Ukraine

The French president held a videoconference with the leaders of 27 EU countries after meeting with Trump. Macron reaffirmed their shared commitment to creating conditions for lasting peace in Ukraine.

Politics • February 26, 03:38 PM • 25834 views