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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
Allocated money is not enough to fight climate change: results of the COP29 summit

At the COP29 summit, rich countries agreed to allocate $300 billion annually to poor countries until 2035 to combat climate change. Experts and representatives of vulnerable countries consider this amount insufficient.

News of the World • November 24, 03:27 AM • 70639 views
Putin's war against Ukraine is no longer regional - Pistorius

The German Defense Minister said that Russia's war against Ukraine is no longer a regional one, but a threat to the whole of Europe. Putin has switched to a war economy and is waging a hybrid war with disinformation.

War in Ukraine • November 23, 10:02 PM • 43403 views
Rich countries at COP29 agree to allocate more to climate after criticism from developing countries

At the COP29 summit, the EU, the US, and other developed countries agreed to increase climate finance to $300 billion annually by 2035. The previous proposal of $250 billion was rejected as insufficient.

Economy • November 23, 01:46 PM • 25293 views
Switzerland bans exports to Polish company over munitions in Ukraine - AP

Switzerland has banned exports to a Polish military equipment supplier for violating the law. 645,000 Swiss rounds of ammunition were shipped to Ukraine through a Polish company in violation of the contract.

War in Ukraine • November 23, 10:51 AM • 23459 views
Russia has decided to prematurely lift restrictions on the export of gasoline

The Russian government is considering lifting the ban on gasoline exports before the end of the year. This is despite ongoing repairs at Russian refineries and their financial problems.

News of the World • November 22, 05:34 PM • 21286 views
Baltic states call on the West to increase support for Ukraine

The prime ministers of Lithuania, Estonia and Latvia called on Western partners to increase assistance to Ukraine. The countries agreed that Europe's security depends on Ukraine's victory and its Euro-Atlantic integration.

War in Ukraine • November 22, 03:25 PM • 15612 views
Orban wants to invite Netanyahu to Hungary and promises not to execute arrest warrant

Hungarian Prime Minister Viktor Orban plans to invite Israeli Prime Minister Netanyahu and guarantees him safety from the ICC warrant. Orban called the ICC's decision “wrong” and promised not to execute it in Hungary.

News of the World • November 22, 09:51 AM • 15403 views
Sanctions force russia's largest diamond producer to cut production and lay off people - CPJ

russia's largest diamond mining company, alrosa, is closing mines and laying off staff due to the market crisis. The G7 and EU sanctions on russian diamonds have led to the loss of major markets.

War in Ukraine • November 22, 09:29 AM • 16635 views
US reveals new Russian plans for sabotage at defense facilities

U. S. intelligence warns of possible Russian sabotage at defense enterprises through the recruitment of “insiders.” Russian intelligence services are also stepping up their activities in the EU through arson and cyberattacks.

News of the World • November 22, 08:46 AM • 13736 views
Czech Foreign Minister arrives in Kyiv

Jan Lipavsky visits Kyiv to assess the situation with shelling and Czech projects. The minister supports Zelensky's peace plan, rejecting the idea of Russia's temporary occupation of the territories.

Politics • November 22, 07:12 AM • 19504 views
Russian diamond producer Alrosa announces shutdown of a number of mines and layoffs

The Russian company Alrosa plans to suspend unprofitable deposits and cut its payroll by 10%. The company will also slow down the implementation of investment projects due to falling diamond prices.

News of the World • November 21, 09:27 PM • 19901 views
Rada plans to restore greenhouse gas emissions monitoring system

The Verkhovna Rada has passed a bill to restore mandatory monitoring of greenhouse gas emissions, which has been voluntary since the beginning of the war. The system will ensure the collection of verified data to create a system of emissions trading.

Economy • November 21, 01:06 PM • 20151 views
New railway routes are launched from Ukraine to the EU: where you can now travel by train

Ukraine launches two new rail routes to Bratislava and Budapest on December 15. It is also increasing the number of trains to Warsaw and expanding connections to the western regions of Ukraine.

Society • November 21, 11:30 AM • 18245 views
Ukraine and IBRD sign memorandum: what we will get from the World Bank

Ukraine has signed a memorandum of understanding with the IBRD on knowledge sharing and support for reforms. The parties discussed financing reconstruction projects and supporting the internal sustainability plan.

Economy • November 20, 01:05 PM • 17634 views
Zelensky talks with Tusk about new support package and expectations from Poland's EU presidency

During a telephone conversation, Poland announced the 45th package of support for Ukraine and the start of work on the next one. The parties discussed European integration and support for Ukraine's accession to NATO.

War in Ukraine • November 20, 12:36 PM • 20159 views
In Ukraine, the sale of kratom plants was banned: changes to the list of narcotic substances

The Cabinet of ministers added kratom to the list of narcotic substances because of its opioid and stimulating properties. Previously, kratom drinks were popular among young people and were sold in coffee shops.

Society • November 20, 12:36 PM • 17750 views
Winter is coming: why it is important for Ukraine to switch to alternative energy supply technologies

The city of Brovary is actively implementing alternative energy sources at critical infrastructure facilities. Solar panels are installed in hospitals and kindergartens, and alternative fuel boilers are used.

Society • November 20, 11:50 AM • 186205 views
Exclusive
Justice or impunity: the case of the chief lawyer of the National Bank demonstrates the lack of reputational standards

NBU chief lawyer Oleksandr Zima remains in office despite criminal proceedings on possible abuse of power. Experts explain this by the lack of an effective institution of business reputation in Ukraine.

Politics • November 20, 10:47 AM • 211218 views
From today, the NBU changes currency restrictions: what awaits business

Starting November 20, 2024, the National Bank will introduce changes to currency restrictions to support international trade. The amendments relate to import contracts, repatriation of dividends, and the use of foreign currency loans.

Economy • November 20, 09:20 AM • 14969 views
US to provide Ukraine with another $275 million in military aid - AP

The Pentagon will provide Ukraine with $275 million worth of weapons through the PDA program, including air defense equipment and missiles. In addition, the State Department has approved the sale of $100 million worth of defense equipment. The US is also preparing a $20 billion loan.

War in Ukraine • November 20, 08:08 AM • 19135 views
EU foreign ministers in Warsaw: Strengthening support for Ukraine and sanctions against russia remain priorities

At a meeting in Warsaw, EU foreign ministers reaffirmed their continued support for Ukraine and the need to strengthen sanctions against russia. Germany will continue to supply drones, and Italy emphasized the importance of financial assistance.

News of the World • November 19, 09:14 PM • 51068 views
“Europe must take greater responsibility for its security” - Polish foreign minister

The largest EU member states have expressed their readiness to increase military and financial assistance to Ukraine in case the support from the USA is reduced, Polish Foreign Minister Radoslaw Sikorski has said after a meeting with his European counterparts. Polish Foreign Minister Radoslaw Sikorski said this after a meeting with his European counterparts.

News of the World • November 19, 06:46 PM • 16777 views
The West must take the initiative: Estonian Foreign Minister believes that Europe will have to deploy troops in Ukraine

The Estonian Foreign Minister said that a new stage of Western support for Ukraine is needed. According to him, Europe may need to deploy troops in Ukraine after the end of hostilities.

Politics • November 19, 04:17 PM • 17376 views
EU reacts to Russia's new nuclear doctrine: what Borrell said

EU Diplomacy Chief Josep Borrell called Russia's nuclear threats “absolutely irresponsible”, reacting to the update of Russia's nuclear doctrine, which coincided with the 1000th day of Russia's war against Ukraine.

War in Ukraine • November 19, 03:29 PM • 41862 views
Six European ministers announce new strategy to counter Russia amid 1,000 days of full-scale invasion of Ukraine

The foreign ministers of six leading European countries issued a joint statement on strengthening NATO and supporting Ukraine. They identified eight key areas for countering Russian aggression and strengthening European security.

Politics • November 19, 02:09 PM • 15142 views
NATO Secretary General insists on increasing assistance to Ukraine amid support for Russia from the DPRK, China and Iran

The NATO Secretary General called for increased assistance to Ukraine amid support for Russia from the DPRK, China, and Iran. On the thousandth day of the full-scale invasion, EU defense ministers were to discuss this issue.

War in Ukraine • November 19, 01:47 PM • 15923 views
EU countries are "ready" to take over support for Ukraine in case of reduction of US aid - Polish Foreign Minister

Polish Foreign Minister Sikorski announced the readiness of the largest EU countries to provide military and financial support to Ukraine. This could happen if the US cuts aid to Ukraine.

War in Ukraine • November 19, 12:59 PM • 17682 views
Borrell hopes that EU countries will follow Washington in allowing missiles to be used on Russian territory

The United States has authorized Ukraine to use weapons with a range of up to 300 kilometers on the territory of Russia. Borrell hopes that European countries will follow this decision and continue to support Ukraine regardless of the upcoming US elections.

War in Ukraine • November 19, 12:25 PM • 16037 views
Ukraine may have to outlast someone in Moscow to achieve all its goals - Zelensky

The President said that Ukraine will not trade sovereignty or give up its territories. To achieve all of Ukraine's goals, it may have to wait for a change in the Russian leadership.

Politics • November 19, 12:00 PM • 11885 views
President: Ukraine should become the fastest in joining the EU

Zelenskyy announced Ukraine's readiness to start negotiations on the first cluster of accession to the EU in early 2025. The President emphasized the need to become the fastest country in the process of European integration.

Politics • November 19, 11:39 AM • 10998 views