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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
Poland will not participate in peacekeeping mission, but will provide logistical assistance - Prime Minister

Polish Prime Minister Tusk said that the country would not directly participate in the EU peacekeeping mission in Ukraine. Instead, Poland is ready to provide full logistical support to the European mission with the support of the United States.

War in Ukraine • February 26, 01:36 PM • 25172 views
EU leaders held a videoconference before the summit on Ukraine: Macron shares details of meeting with Trump

French President Macron briefed EU leaders on the results of his meeting with Trump in Washington. This discussion took place on the eve of a special European Council meeting on March 6 to support Ukraine.

Politics • February 26, 11:33 AM • 34194 views
Kravchenko: cooperation with Austria will help fight tax evasion in Ukraine

Head of the State Tax Service of Ukraine Ruslan Kravchenko met with the Ambassador of Austria to discuss cooperation in the tax area. The parties discussed transfer pricing control and exchange of financial information.

Economy • February 26, 11:10 AM • 21976 views
Credit transfers dominate: how Ukrainians made payments in 2024

The NBU published data on payment transactions in Ukraine for 2024. Credit transfers dominated with 3.6 billion domestic transactions worth over UAH 43 trillion, and 7.1 million international transfers were also made.

Economy • February 26, 09:21 AM • 21411 views
French minister: EU alone can't plug USAID shutdown gap

The European Union does not have enough money to compensate for the suspension of USAID on its own. About 55.8 billion euros of American aid could disappear, which would especially affect Ukraine and Eastern Europe.

Politics • February 26, 06:38 AM • 112952 views
Tesla shares plunged sharply after a drop in sales in Europe

Tesla shares fell 9% after sales in the EU and UK nearly halved in January. The company's market capitalization fell below $1 trillion for the first time since November due to competition and Musk's controversial statements.

Economy • February 26, 06:21 AM • 30562 views
EU to seek India's help to impose sanctions on Russia - Bloomberg

Ursula von der Leyen plans to discuss sanctions against Russia with the Indian Prime Minister. The EU is seeking to strengthen control over the implementation of restrictions, as Russian aggression threatens both Europe and India.

News of the World • February 25, 10:44 PM • 62810 views
Meetings, agreements, and negotiations with partners are being prepared: Zelensky told what the Ukrainian team is working on

The President of Ukraine announced new aid packages from Britain, Norway, Spain and other countries worth billions of dollars. The Baltic and Nordic countries will provide equipment and training for brigade-sized units.

War in Ukraine • February 25, 07:35 PM • 27262 views
Last year, Ukraine received 500 thousand 155-mm shells at the initiative of the Czech Republic

Ukraine received 500 thousand 155-mm artillery shells as part of the Czech initiative. 18 countries have allocated $1.8 billion for the purchase of ammunition, and the total volume of supplies will reach 1.5 million shells.

War in Ukraine • February 25, 07:32 PM • 34312 views
Zelenskyy discusses frozen Russian assets with new Belgian prime minister

The President of Ukraine had a conversation with the newly appointed Prime Minister of Belgium Bart de Wever. The parties discussed support for Ukraine and the use of frozen Russian assets.

Politics • February 25, 02:58 PM • 59518 views
EU countries discuss the possibility of confiscating €200 billion of frozen Russian assets: who supports it

The Baltic states and Northern Europe insist on the immediate transfer of frozen Russian assets to Ukraine. France, Germany and other major EU states are against it, considering it a lever of influence on Russia.

War in Ukraine • February 25, 01:52 PM • 27732 views
Poland to provide 200 million euros in aid to Ukraine

Poland has announced its 46th aid package to Ukraine worth more than €200 million. The country has already trained a third of all Ukrainian military in the EU and plans to continue its training mission.

Politics • February 25, 01:42 PM • 20557 views
Ending the war in Ukraine and peace talks: Tusk meets with European Council President Costa

Polish Prime Minister Tusk and European Council President Costa discuss ending the war in Ukraine. An extraordinary meeting of the EU on March 6 will consider assistance to Ukraine and strengthening European security.

War in Ukraine • February 25, 01:40 PM • 27385 views
EU denies a new raw materials deal with Ukraine: they say this partnership is four years old

The European Commission has denied the existence of a new proposal on critical minerals for Ukraine, recalling the existing memorandum of 2021. This denial followed reports of possible competition with the United States for Ukrainian resources.

Economy • February 25, 01:13 PM • 26201 views
Germany is discussing the possibility of allocating 200 billion euros for defense

The future German Chancellor Friedrich Merz is negotiating the allocation of 200 billion euros for defense. The new package will be twice as large as the previous one and will require circumventing constitutional restrictions.

News of the World • February 25, 01:01 PM • 22855 views
EU says its mineral deal for Ukraine 'does not compete with the US' - BBC

The European Union has offered Ukraine a deal on mining that does not compete with the US. European Commissioner Stefan Sejourne said that future cooperation would be “mutually beneficial.

Economy • February 25, 10:59 AM • 28816 views
The staggering amount needed for Ukraine's reconstruction over the next 10 years has been named

The World Bank has estimated Ukraine's needs for recovery and reconstruction at $524 billion by 2034. The housing sector, transport, and energy were the most affected, with direct losses of $176 billion.

War in Ukraine • February 25, 10:21 AM • 107061 views
Tesla loses European market after Musk's political statements - FT

Tesla's sales in Europe fell by 45% in January 2024 after Elon Musk's political statements. The company's market share dropped to 1%, while total sales of electric vehicles in Europe increased by 37%.

Economy • February 25, 10:04 AM • 29952 views
Germany rejects possibility of Russia returning to G7 despite Trump's statements

German Finance Minister Jörg Kukis said that Russia will not be readmitted to the G7, despite Trump's demand. He also discussed the use of frozen Russian assets for Ukraine's recovery.

War in Ukraine • February 25, 08:59 AM • 45826 views
Vucic regrets supporting “European” resolution on Ukraine in the UN

Serbia voted in favor of the European resolution on Ukraine at the UN General Assembly, but President Vucic called it a mistake. He attributed the decision to his own fatigue and apologized to his citizens.

Politics • February 25, 08:29 AM • 32178 views
US, Russia gather for “continuation” of talks in Saudi Arabia - AFP

The US and Russian diplomatic delegations will meet again in the Saudi capital. This is a continuation of last week's talks between Lavrov and the US Secretary of State.

War in Ukraine • February 25, 07:58 AM • 34168 views
EU offers Ukraine its own "win-win" minerals deal - Politico

The EU has offered Ukraine a deal on critical minerals, competing with the US offer. Trump demands mineral rights in exchange for $500 billion in compensation for support.

Economy • February 25, 07:49 AM • 115270 views
Nordic-Baltic Eight Leaders in Kyiv: New Steps Toward Ukraine's Security and Integration Discussed

The heads of state of the North Baltic Eight held talks in Kyiv on security and European integration. During the three years of war, the allies provided Ukraine with 26 billion euros in military aid.

War in Ukraine • February 24, 08:56 PM • 35136 views
putin sets conditions for EU participation in resolving the conflict in Ukraine

putin said that the EU could play a role in finding a solution to the conflict in Ukraine, but without European demands. He insists on taking into account the positions of other international players, including the BRICS countries.

News of the World • February 24, 08:35 PM • 59772 views
European Commission hopes to open three clusters with Ukraine on EU accession in the first half of 2025

European Commissioner Martha Kos expects three clusters of negotiations on Ukraine's accession to the EU to open in the first half of 2024. The European Commission also offers Ukraine to join the EU's internal energy market by April 27.

Economy • February 24, 07:35 PM • 26635 views
Ukraine's integration into Europe should be accelerated - Shmyhal

Ukraine's Prime Minister urged the EU to speed up negotiations on all six integration clusters. Hungary has blocked negotiations on the first cluster, demanding additional conditions for the protection of minorities.

Society • February 24, 05:30 PM • 32540 views
Northern Europe and the Baltics made an important statement about Ukraine's future

The leaders of the Nordic and Baltic countries announced increased military assistance to Ukraine and support for its membership in NATO. They also reaffirmed their support for Ukraine's European integration and emphasized the importance of holding Russia accountable.

War in Ukraine • February 24, 05:29 PM • 28039 views
EU working on 17th package of sanctions against Russia - Kallas

The EU has adopted the 16th package of sanctions and is working on the 17th. Ministers supported a new military aid initiative for Ukraine, the details and scope of which will be discussed at the March 6 summit.

War in Ukraine • February 24, 05:12 PM • 26507 views
Kallas: new country supports confiscation of Russian assets, but no deal yet

Kaja Kallas reported an increase in the number of EU countries supporting the confiscation of frozen Russian assets. However, the EU diplomat does not expect an agreement to be reached in March due to the lack of unanimous support.

War in Ukraine • February 24, 05:02 PM • 26074 views
“The cheapest guarantee of security": Kallas emphasizes that Ukraine should in the end become a part of NATO

The EU foreign policy chief said that NATO membership is the strongest and cheapest security guarantee for Ukraine. She emphasized the irreversibility of Ukraine's path to the Alliance and praised the Ukrainian army as the strongest in Europe.

War in Ukraine • February 24, 04:36 PM • 23825 views