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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
Fico claimed a “massive cyberattack” and blamed Ukraine. Official Kyiv responded

The Slovak prime minister announces a large-scale cyberattack on the national insurance company, accusing Ukraine and the opposition. According to media reports, it was a phishing attack, while Ukraine's Foreign Ministry denies the accusations.

Politics • January 24, 06:54 PM • 39183 views
The Ministry of Health has presented the concept of changes in the regulation of the pharmaceutical market: what was agreed upon at the Verkhovna Rada Committee

The Ministry of Health presented the concept of reforming the pharmaceutical market with electronic bidding and regulation of drug prices. The Verkhovna Rada Committee supported the idea of e-trading, but rejected the restriction of discounts and the ban on retro bonuses.

Politics • January 24, 06:06 PM • 246440 views
Russia declares its readiness to normalize relations with Georgia

The Russian Foreign Ministry is ready to restore relations with Georgia, but only if Tbilisi is ready. Moscow accuses the US and EU of interfering in Georgia's internal affairs and putting pressure on the country.

News of the World • January 24, 05:55 PM • 31952 views
Solidarity marches with those detained during protests announced in Georgia

Today, rallies in support of prisoners of conscience will be held in five cities of Georgia. Participants of all the marches will gather near the parliament, such actions will be held every Friday.

News of the World • January 24, 01:52 PM • 23192 views
Oil prices end the week down under the influence of Trump's energy policy

Brent and WTI crude oil show a weekly drop of 3-4% after Trump's statements about increasing US production. The President demands that OPEC and Saudi Arabia reduce prices and increase investment in the US.

Economy • January 24, 12:29 PM • 28309 views
EU gas storage facilities are only 58% full

EU gas stocks have fallen to 58. 5% compared to 74% last year.

Economy • January 24, 06:49 AM • 36219 views
China can influence the end of the war in Ukraine - Foreign Ministry on Xi Jinping's role

Ukraine views China as a key player in influencing Russia to achieve a just peace. In 2024, Ukrainian-Chinese relations intensified, and further development of contacts at all levels is planned.

War in Ukraine • January 23, 05:51 PM • 31540 views
Tychy about the “elections” in Belarus: we see no prerequisites for restoring contacts with Lukashenka

Ukraine sees no prerequisites for restoring contacts with Lukashenka and does not recognize the results of the “elections” in Belarus. The Foreign Ministry expresses solidarity with its Western partners regarding the lack of conditions for fair elections.

Politics • January 23, 04:43 PM • 27730 views
MFA spokesperson: military support for Ukraine should be strengthened - it is the only chance to force Russia to a just peace

The Foreign Ministry spokesperson said that the US and EU need to increase military support for Ukraine. Ukraine also seeks to increase investment in the defense industry and build self-sufficiency.

War in Ukraine • January 23, 04:14 PM • 31517 views
Sanctions against Russia should be strengthened in the US and EU - Foreign Ministry

Ukraine's Foreign Ministry says that the sanctions potential against the Russian economy is not being used enough. Ministry spokesman Heorhiy Tykhyi said that the EU expects a new, enhanced package of sanctions by the end of winter 2025.

War in Ukraine • January 23, 03:32 PM • 31594 views
They are coordinated with one hand: Kobakhidze speaks about protests in Georgia and Slovakia

Irakli Kobakhidze supported Slovak Prime Minister Fico's statement about the threat of a coup d'état. According to him, protests in both countries are coordinated from one center.

News of the World • January 23, 02:47 PM • 29180 views
Radutsky announces changes in the regulation of the pharmaceutical market in 2025

The Chairman of the Verkhovna Rada Committee on Health announced key reforms of the pharmaceutical market in 2025. It is planned to introduce parallel import of medicines, 2D coding and a new law on pharmaceutical services.

Economy • January 23, 11:40 AM • 26325 views
NATO Secretary General says Europe is ready to fund US weapons for Ukraine

NATO Secretary General Mark Rutte called on the United States to continue supplying weapons to Ukraine and assured that Europe would pay the bill. He also warned against a possible Russian victory and called for increased support for Ukraine.

War in Ukraine • January 23, 09:55 AM • 33054 views
Currency exchange rate as of January 23: the dollar fell sharply

The National Bank of Ukraine has strengthened the official hryvnia exchange rate by 14 kopecks to 42. 0325 UAH/USD. On the interbank market, the dollar is trading at UAH 41.99-42.02, the euro at UAH 43.77-43.79.

Economy • January 23, 06:47 AM • 29591 views
Zelensky names conditions for negotiations with Russia

President Zelenskyy has outlined the conditions for starting negotiations with Russia. The key requirements are security guarantees and the withdrawal of Russian troops to their positions by February 24, 2022.

War in Ukraine • January 23, 01:46 AM • 114236 views
Military equipment will be moved in Romania as part of NATO exercises

NATO's Steadfast Dart 25 exercise begins in Romania. Starting January 22, the country will receive British military equipment, and in early February - French.

Politics • January 22, 10:57 PM • 31239 views
The EU will provide Ukraine with 35 billion euros of financial assistance in 2025

European Commissioner Valdis Dombrovskis has announced financial assistance to Ukraine through the G7 ERA and Ukraine Facility. The funds will be used for the priority needs of the state budget and economic programs.

Economy • January 22, 08:46 PM • 45017 views
Russia may attack the EU in 2028 - Kaja Kallas

Kaja Kallas reported on intelligence forecasts of possible Russian aggression against the EU in 3-5 years.

War in Ukraine • January 22, 07:00 PM • 41565 views
Umerov to EU: Ukraine needs €18 billion in funding to develop defense industry

Defense Minister Umerov announced the possibility of reaching a production capacity of €34 billion in 2025. This requires €18 billion in financing, technology transfer, and partnerships with European companies.

War in Ukraine • January 22, 03:10 PM • 45437 views
EU risks expiration of deadline to extend sanctions against Russia as Orban 'slows down' process - Bloomberg

The EU is facing a new confrontation over Orban's refusal to sign the extension of sanctions against Russia. The Hungarian prime minister criticizes the sanctions regime and calls for the resumption of relations with Russia without restrictions.

Politics • January 22, 01:01 PM • 34349 views
Currency exchange rates as of January 22: the dollar rose slightly

The NBU has set the official exchange rate at 42. 17 UAH/USD, up 1 kopeck from the previous rate. In banks and exchange offices, the dollar can be purchased for UAH 42.40-42.60, and the euro for UAH 44.00-44.20.

Economy • January 22, 07:26 AM • 34360 views
Slovak opposition withdraws vote of no confidence in Fico's government and plans to submit a new one

The Slovak opposition has withdrawn a vote of no confidence in Prime Minister Robert Fico over his attempt to make the session closed. The opposition promised to initiate a new attempt to dismiss the government soon.

News of the World • January 21, 09:05 PM • 46182 views
Orban threatens Ukraine to “fight back” over suspension of Russian gas transit

Hungarian Prime Minister Viktor Orban expressed dissatisfaction with Ukraine's decision to stop gas transit from 2025. He announced Budapest's possible response and spoke against Ukraine's rapid membership in the EU.

Economy • January 21, 08:10 PM • 54749 views
Ukraine and Albania signed a bilateral security agreement: what does it provide for

Zelenskyy and Rama signed an agreement in Davos on 10 years of cooperation between the countries. Albania will provide military assistance and support the training of Ukrainian pilots for F-16s.

War in Ukraine • January 21, 07:24 PM • 45242 views
Open new horizons for your business at the Mind Export Summit 2025

On February 13-14, 2025, Ukraine will host the largest conference for entrepreneurs on entering foreign markets. Mind Export Summit 2025 will discuss export strategies, grant opportunities, and share practical experience.

Business News • January 21, 05:25 PM • 80396 views
Zelenskyy sent a message to European countries: you cannot buy gas from Moscow and expect security guarantees from the Americans

The President of Ukraine called on Europe to abandon Russian gas and strengthen its energy independence. He also emphasized the importance of the EU's technological development and strengthening the continent's security.

Economy • January 21, 02:43 PM • 62436 views
Ukraine will receive over €30 billion in EU support in 2025

Ukraine will receive €30. 6 billion in budget support from the EU in 2025 through various sources of funding. The funds will be used for the priority needs of the state budget, including social and economic programs.

Economy • January 21, 12:51 PM • 32033 views
EU reveals plan to switch to clean energy after refusing Russian oil and gas

Europe has reduced gas imports from Russia by 75%, oil by 3%, and coal by zero. In February, the EU will present a clean energy development plan to reduce prices and increase energy independence.

News of the World • January 21, 11:42 AM • 39733 views
Trump announces 25% duty on imports from Mexico and Canada starting February 1

Donald Trump plans to impose new tariffs on imports from Mexico and Canada, and threatens to impose 100% tariffs on China's TikTok. The US President announced the use of tariffs as the main instrument of international economic policy.

Economy • January 21, 08:21 AM • 100822 views
World leaders congratulate Donald Trump on his inauguration

Donald Trump officially took office as President of the United States on January 20, 2025. The leaders of Canada, the United Kingdom, the EU, NATO, and Finland have sent congratulations and expressed their willingness to cooperate.

News of the World • January 21, 12:11 AM • 31693 views