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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
The European Data Protection Board says ChatGPT does not meet data accuracy standards

OpenAI's efforts to reduce the number of false positives from ChatGPT are not enough to comply with EU data processing rules, as the artificial intelligence model can still produce biased or bogus results due to its probabilistic nature, according to a report by the EU's privacy watchdog.

News of the World • May 24, 05:41 PM • 21376 views
Bloomberg: EU wants to impose sanctions on Iranian defense minister

The European Union is discussing sanctions against Iranian Defense Minister Mohammad-Reza Ashtiani for providing military support to groups in the Middle East and the Red Sea, as well as for supplying Russia with drones and missiles.

War in Ukraine • May 24, 04:33 PM • 20164 views
Kuleba discussed the Peace Summit and the Crimean Platform with the Marshal of the Polish Senate

Ukraine's Foreign Minister Dmytro Kuleba met in Kyiv with Polish Senate Marshal Malgorzata Kidawa-Bląska to discuss the upcoming Global Summit, the International Crimean Platform, and Ukraine's defense needs.

Politics • May 24, 04:05 PM • 70329 views
Schedules will be in effect throughout the country: Ukrenergo told when the power will be turned off on weekends

On Saturday, May 25, from 20:00 to 22:00, hourly power outage schedules will be in effect for industrial and residential consumers across Ukraine due to the effects of hostile missile attacks on Ukrainian power plants, which have limited electricity production.

Economy • May 24, 03:50 PM • 30159 views
Ukraine has taken all legislative steps to start EU accession talks - OP

Ukraine has taken all four legislative steps required by the European Commission to actually start negotiations on EU accession, as stated by Deputy Head of the Office of the President of Ukraine Ihor Zhovkva.

War in Ukraine • May 24, 03:16 PM • 24226 views
EU condemns "theft" of Estonian buoys by Russian border guards

The EU emphasizes that the actions of Russian border guards on the Narva River are part of a broader pattern of provocative behavior and hybrid actions by Russia in the Baltic Sea region.

News of the World • May 24, 02:59 PM • 18334 views
Galushchenko: decision to increase the possibility of electricity imports will be made in winter

By winter, the European Union will increase its capacity to supply more electricity to Ukraine to compensate for the damage caused by the large-scale shelling.

War in Ukraine • May 24, 01:41 PM • 15638 views
Shmyhal says how much Ukraine expects from the EU, IMF and the US this year

This year, Ukraine expects to receive 16 billion euros from the EU under the Ukraine Facility program, 4. 5 billion dollars from the IMF, and almost 8 billion dollars from the United States.

Economy • May 24, 12:58 PM • 14123 views
France and Germany are concerned about Russia's provocations in the Baltic region

France and Germany are concerned about increased Russian provocations at the border on the EU's borders with Estonia, Lithuania and Finland.

News of the World • May 24, 12:49 PM • 14611 views
The Cabinet of Ministers approved a resolution obliging regional power distribution companies to ensure uniform and fair sequence of power outages - Shmyhal

The Cabinet of Ministers has adopted a resolution obliging regional power distribution companies to ensure a uniform and fair sequence of power outages, giving priority to critical infrastructure, hospitals, military enterprises and enterprises performing mobilization tasks.

Economy • May 24, 12:29 PM • 14054 views
Moldovan Foreign Minister: Russia is using us to test its new technologies of influence and interference

According to Moldovan Foreign Minister Mihai Popschiu, Moldova has become a target for Russia to test its new technologies of influence and interference, which can then be applied in other countries.

News of the World • May 24, 10:38 AM • 15656 views
Ministry of Economy expects the Verkhovna Rada to approve the agreement with the EU under the EUR 50 billion Ukraine Facility next week

Ukraine expects that next week the Verkhovna Rada will approve the signed framework agreement with the EU for €50 billion in funding under the Ukraine program, which will bring €1. 89 billion to the budget.

Economy • May 24, 09:59 AM • 21120 views
Ukraine and IMF discuss economic recovery, reforms and confiscation of frozen Russian assets

The Government of Ukraine and the IMF mission discussed further joint steps to restore economic growth, implement reforms, implement the government's action program, confiscate frozen Russian assets, support business, increase military production, and obtain additional funding under the IMF EFF program of $2. 2 billion.

Economy • May 24, 09:55 AM • 19746 views
Farmers block a road near Warsaw to protest against the Green Deal, also demanding to cover drought damage

Farmers blocked a national road near Warsaw to protest the Green Deal and draw attention to the losses they have suffered due to the drought, demanding aid and a waiver of Green Deal rules.

News of the World • May 24, 08:57 AM • 17167 views
Borrell: Recognizing a Palestinian state is not a gift for Hamas

The head of the European Union's diplomacy, Josep Borrell, said that the recognition of a Palestinian state is not a gift to Hamas, but rather the opposite.

News of the World • May 24, 08:47 AM • 16540 views
Zelensky enacts NSDC sanctions against 70 people

President Zelenskyy imposes 10-year sanctions on 70 people, including Russian media and companies operating in Crimea.

Economy • May 24, 05:58 AM • 22003 views
Poland and Greece call on the EU to create a joint air defense shield

Poland's prime minister and the Greek prime minister have asked the president of the European Commission to create a European air defense shield to protect the EU from future threats such as planes, missiles, and drones.

News of the World • May 24, 03:14 AM • 24104 views
US Senate prepares bill on sanctions against Georgian politicians due to the law on foreign agents - media

The U. S. Senate is preparing a bipartisan bill to impose sanctions on Georgian politicians responsible for the Foreign Agents Act, which impedes Georgia's Euro-Atlantic integration.

News of the World • May 23, 07:00 PM • 29179 views
Ukraine exported over 45 tons of honey to EU countries

In 2023, Ukraine exported 45,800 tons of honey to the EU, becoming the second largest exporter of honey from outside the EU after China.

Economy • May 23, 02:51 PM • 31721 views
Tougher sanctions against belarus, which are being considered by the EU, should stop the import of luxury cars to russia

The EU is preparing to tighten sanctions against belarus, which will, among other things, close a loophole that allowed russia to import Western luxury goods and goods with potential military use.

War in Ukraine • May 23, 02:29 PM • 16706 views
Nine out of ten Europeans support humanitarian aid for Ukrainians

Nine out of ten Europeans support the provision of humanitarian aid and the acceptance of refugees from Ukraine amid the Russian invasion.

Society • May 23, 02:11 PM • 28103 views
US Treasury Secretary calls for “more ambitious” G7 plans for Russian assets

U. S. Treasury Secretary Janet Yellen urged G7 ministers to explore more ambitious options for using $325 billion in frozen Russian assets to help Ukraine, in addition to the EU's plan to use the interest earned on those assets.

War in Ukraine • May 23, 02:02 PM • 19706 views
EU fined the American confectionery giant Mondelez for EUR 337.5 million

The European Commission fined Mondelez EUR 337. 5 million for anti-competitive behavior.

News of the World • May 23, 01:45 PM • 14810 views
A number of state-owned companies want to go through the process of corporatization - Ministry of Economy

A number of state-owned companies have announced their intentions to go through corporatization, which is expected to attract billions of hryvnias in investment and open up new opportunities through corporate governance.

Economy • May 23, 01:43 PM • 15325 views
EU seeks to strengthen EU defense cooperation - Politico

The EU is seeking to assume greater responsibility for security and defense, including creating an internal defense market, expanding production capacity, promoting joint procurement, and funding major European flagship projects such as the EU air defense shield and improving cybersecurity.

News of the World • May 23, 12:58 PM • 18198 views
An oil tanker of the Russian “shadow fleet” has an engine failure in the Turkish Strait

A Russian oil tanker's engine failed while passing through the Turkish Dardanelles Straits, temporarily blocking maritime traffic for three hours.

Economy • May 23, 12:38 PM • 40213 views
Zelenskyy calls with Greek Prime Minister to discuss upcoming Peace Summit and preparation of joint security agreement

President Zelenskyy discussed with Greek Prime Minister Mitsotakis efforts to engage a wide range of states in the upcoming Peace Summit and prepare for the conclusion of a bilateral security agreement between Ukraine and Greece.

War in Ukraine • May 23, 11:43 AM • 17118 views
India and Egypt became the main destinations for Russian marine fuel oil exports

In April 2023, India and Egypt became the main export destinations for Russian marine fuel oil: India received 0. 6 million tons, and Egypt almost 0.5 million tons, as Russian exports were redirected after the EU embargo.

Economy • May 23, 11:03 AM • 17143 views
The Presidential Administration promises that Ukraine and Greece will soon sign a security agreement

Deputy Head of the Presidential Office Ihor Zhovkva discussed the completion of negotiations with Greece on a bilateral security agreement and thanked the country for its support of Ukraine, including its support for Ukraine's EU and NATO membership applications.

War in Ukraine • May 23, 10:39 AM • 18845 views
Disagreements remain in the EU regarding sanctions against Moscow's "shadow fleet", three countries against - FT

EU countries intend to reach an agreement within a few weeks on the next package of sanctions against Russia, targeting Moscow's “shadow fleet” of oil tankers, banning the re-export of Russian liquefied gas and imposing individual sanctions on more than 100 people involved in the deportation of Ukrainians and arms production.

War in Ukraine • May 23, 10:00 AM • 28334 views