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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 Telegraph: Trump will demand that NATO raise defense spending to 3% of GDP, excluding aid to Kyiv

If elected president, Trump plans to demand that NATO allies increase defense spending to 3% of GDP, excluding aid to Ukraine.

Economy • May 4, 02:17 AM • 61493 views
Dmytro Kuleba emphasizes Ukraine's readiness to cooperate with the EU in the field of cybersecurity

Ukraine is ready to strengthen cooperation with the EU in countering cyber threats from Russia, Ukrainian Foreign Minister Dmytro Kuleba said.

War in Ukraine • May 4, 01:56 AM • 37091 views
Bloomberg: G7 plans to lend $50 billion to Kyiv from Russian assets

The G7 plans to provide Kyiv with $50 billion in aid from frozen Russian assets, and the US is negotiating to sign an agreement at the G7 summit in June.

War in Ukraine • May 4, 01:17 AM • 97606 views
Three Russians detained in Finland for violating sanctions

Three Russian students suspected of exporting dual-use goods from Finland to other countries in violation of sanctions face imprisonment.

Politics • May 3, 09:32 PM • 22874 views
Georgian Prime Minister accuses former US ambassador of inciting revolution in country

The Prime Minister of Georgia accused the former US ambassador of fomenting a revolution in the country in 2020-2023.

News of the World • May 3, 07:08 PM • 44923 views
Cocoa prices fall nearly 30% after hitting record highs - Bloomberg

This week, cocoa prices fell by almost 30% after reaching record highs, marking a sharp reversal from the recent rise driven by a supply shortage.

News of the World • May 3, 02:51 PM • 22950 views
What opportunities will businesses get under the EU's Ukraine Facility investment component - the Ministry of Economy's response

The €9. 3 billion investment framework for Ukraine under the EU's Ukraine Facility program will provide Ukrainian businesses with access to additional financing from international financial institutions through a €7.8 billion guarantee facility and €1.5 billion in blended finance and technical assistance.

Economy • May 3, 02:47 PM • 20208 views
Finland in contact with NATO, EU over GPS interference from Russia - Foreign Minister

Finland is in contact with NATO and the EU about growing GPS interference from Russia, which has increased during Russia's war in Ukraine, Foreign Minister Elina Valtonen said.

News of the World • May 3, 02:08 PM • 25178 views
G7 says full confiscation of Russian assets no longer on the table, seeks alternatives - FT

Despite Ukraine's insistence, the G7 countries reportedly no longer have the idea of full confiscation of frozen Russian assets on the table, instead exploring alternative ways to obtain funds from these assets to support Ukraine.

Economy • May 3, 09:17 AM • 22130 views
US State Department promises new sanctions for Russia's cooperation with DPRK

The United States plans to impose new sanctions on organizations that facilitate arms and oil trade between Russia and North Korea by the end of the month, in coordination with allies such as the EU, the UK, Japan, Australia, New Zealand and South Korea.

War in Ukraine • May 3, 03:42 AM • 41708 views
Italy demands compensation from the EU for assets confiscated by Russia

The Italian government is seeking compensation from the EU for the losses suffered by Italian firms due to Russian sanctions, including the idea of allowing companies whose assets have been seized by Moscow to apply for frozen European assets belonging to Russian business entities.

Economy • May 3, 12:40 AM • 33953 views
Dmytro Kuleba discusses Ukrainian air defense with Polish Defense Minister

Ukraine's Foreign Minister Dmytro Kuleba and Polish Foreign Minister Radoslaw Sikorski discussed strengthening Ukraine's air defense, Ukraine's path to the EU, and President Zelensky's peace formula.

War in Ukraine • May 2, 08:13 PM • 102185 views
Serbia's new government reaffirms EU membership goal but refuses to impose sanctions on russia

The new Serbian government program reaffirms EU membership as a strategic goal, but refuses to impose sanctions on russia or recognize Kosovo's independence, despite pressure from the EU.

News of the World • May 2, 03:17 PM • 20976 views
MHP is among the 10 best employers in Ukraine according to Forbes

MHP, an international food and agro-technology company, has been named one of the top ten best employers in Ukraine by Forbes and received the Breakthrough of the Year award, moving up from 34th place in last year's ranking.

Business News • May 2, 02:13 PM • 40459 views
On May 6, the EU-Ukraine Defense Industry Forum will be held in Brussels

On May 6, the EU-Ukraine Defense Industry Forum will take place in Brussels to strengthen cooperation between the European and Ukrainian defense industries and help Ukraine build capacity in priority sectors such as air defense, ammunition, missiles and drones.

Politics • May 2, 02:08 PM • 18065 views
No Russian songs aired on air last year - language ombudsman

The Language Ombudsman's report for 2023 showed that not a single Russian song was aired on 14 national broadcasting organizations in Ukraine, with 67. 2% of songs performed exclusively in Ukrainian and the rest in official EU languages, indicating a reorientation towards the European market.

Society • May 2, 02:01 PM • 18110 views
Scholz and Macron to hold a secret dinner in Paris tonight: what is known

German Chancellor Olaf Scholz and French President Emmanuel Macron will hold a secret dinner in Paris to discuss European Union policy and, in particular, Xi Jinping's upcoming visit to France.

News of the World • May 2, 01:50 PM • 18556 views
Georgian President urges citizens to choose between Europe or Russia

Georgian President Salome Zurabishvili called on citizens to make an "existential" choice between Europe and Russia amid controversy over the law on "foreign agents" and the suppression of protests against it.

News of the World • May 2, 01:06 PM • 25725 views
Macron calls for a new European security framework after the end of the war in Ukraine

Macron calls for a new European security framework after the end of the war in Ukraine. According to him, the day after the end of the war, Europe should be at the negotiating table to discuss security guarantees.

War in Ukraine • May 2, 12:30 PM • 18321 views
Conference on Ukraine's recovery to be held in Berlin on June 11-12: details

Germany and Ukraine will jointly host the Ukraine Recovery Conference (URC2024) in Berlin on June 11-12, 2024, aimed at consolidating international support for the recovery, reconstruction, reform and modernization of Ukraine.

Economy • May 2, 12:12 PM • 21585 views
Duda suggested organizing summits with the US and Ukraine during Poland's EU presidency

President Andrzej Duda proposes to organize two summits - with the United States and Ukraine - during Poland's EU presidency in 2025 to emphasize the importance of Ukraine's recovery and accession to the EU.

Politics • May 2, 08:43 AM • 19699 views
Azerbaijan, Uzbekistan and Kazakhstan to unite their power systems

Azerbaijan, Uzbekistan, and Kazakhstan have signed a memorandum on uniting their energy systems, which will enable cooperation in the production and export of green energy to Europe.

Economy • May 2, 05:01 AM • 23130 views
Turkey wants to join the case of the South African Court of Justice against Israel

Turkey decides to join South Africa's case against Israel in the International Court of Justice, accusing Israel of committing genocide in Gaza.

War in Ukraine • May 2, 12:50 AM • 105785 views
US and allies put pressure on UAE over trade with Russia

The US, UK, and EU have been pressuring the UAE to crack down on companies evading Russian sanctions over the war in Ukraine by sharing trade data and preventing the export of dual-use goods that could contribute to Russia's military efforts.

War in Ukraine • May 1, 08:25 PM • 53895 views
Protests against the law on foreign agents have resumed in Tbilisi. Law enforcers use pepper spray on activists

Protesters in Tbilisi opposed the law on foreign agents, which led to clashes during which police used pepper spray, tear gas, and rubber bullets to disperse the crowd.

News of the World • May 1, 06:43 PM • 30231 views
Germany burns down Rheinmetall CEO's country house for supplying weapons to Ukraine - media

Left-wing extremists claimed responsibility for the arson attack on the house of Rheinmetall CEO Armin Papperger, accusing the German arms company of profiting from the war in Ukraine.

News of the World • May 1, 05:53 PM • 22574 views
Georgian Parliament passes law on foreign agents in second reading amid protests

Amid mass protests, the Georgian parliament passed a controversial law on "foreign agents" in the second reading.

News of the World • May 1, 04:25 PM • 28296 views
Discomfort with rallies to be tolerated for a while: Georgia's PM says ruling party will not abandon law on foreign agents

Georgia's prime minister vowed to pass a controversial law on "foreign agents" despite mass protests, calling the rallies "a discomfort that must be endured" to prevent polarization and radicalization in the long run.

News of the World • May 1, 03:23 PM • 24035 views
Borrell on EU enlargement: work on reunification of the continent is not over, Ukraine, among others, has a historic opportunity

On the 20th anniversary of the largest wave of accession to the EU, EU diplomat Jose Borrell said that the work of reuniting the continent is not yet complete, and the Western Balkans, Turkey, Ukraine, Moldova and Georgia have a historic opportunity to firmly link their future to the EU, strengthening security, justice, democracy and living standards.

Politics • May 1, 12:53 PM • 23969 views
To prevent mining in nature reserves: Ukraine will develop a mechanism

Ukraine is developing mechanisms to prevent mining in nature reserves following public outcry over planned mining in protected areas, ensuring thorough research and balancing environmental protection with business interests in line with EU standards.

Society • May 1, 12:52 PM • 16740 views