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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
Government creates strategic reserve for rapid construction of fortifications

The Cabinet of Ministers has decided to create a reserve of materials for the construction of fortifications. This will allow the construction of fortifications to be deployed promptly in places designated by the military.

War in Ukraine • October 25, 10:23 AM • 32224 views
Ukraine to extend four-year program with the EU Ukraine Facility

Ukraine is continuing to implement the four-year EUR 50 billion Ukraine Facility program with the EU. Shmyhal also confirmed continued cooperation with the IMF and insisted on the confiscation of Russian assets.

Economy • October 25, 10:03 AM • 12847 views
Ukraine will receive a record amount from frozen assets of the Russian Federation: details from Shmygal

The G7 and the EU will provide Ukraine with about $50 billion from frozen Russian assets. The funds are to be used for defense, recovery and support of Ukrainians this year.

War in Ukraine • October 25, 10:00 AM • 64995 views
EU prepares to tighten sanctions against Russia, fearing Trump's actions - Reuters

European diplomats are developing a plan to tighten sanctions against Russia in the wake of Trump's possible return to the US presidency. New restrictions will include supply controls, oil and LNG sanctions.

War in Ukraine • October 25, 09:45 AM • 18063 views
Canadian businesses sound the alarm over new immigration restrictions

Canada plans to reduce its permanent resident quotas from 485,000 to 365,000 by 2027. The business community is concerned about possible labor shortages and the loss of foreign workers.

News of the World • October 25, 08:50 AM • 13778 views
To prevent them from entering Russia: Finland introduces special licenses for export of ammunition components

Finland is introducing special licenses for the export of ammunition components to prevent them from reaching Russia. The draft law is under consideration until November 28, 2024.

Politics • October 25, 08:24 AM • 17016 views
EU plans to raise tariffs on food and fertilizers from Russia, Belarus - Bloomberg

The European Union is discussing increasing duties on agricultural goods, food and fertilizers from Russia and Belarus. Some member states are calling for large-scale restrictions, while others are asking for an assessment of the impact on prices first.

News of the World • October 25, 03:41 AM • 19208 views
Kyiv region to appeal to foreign partners to support Victory Plan - Kravchenko

The communities of Kyiv region and the RMA start working to unite the twin communities to support the Victory Plan. The plan contains 5 main points and 3 secret documents to achieve a just peace.

Politics • October 24, 05:42 PM • 24657 views
Trump's tariffs will hit the EU, with Germany at greatest risk

If Trump wins and imposes 20% import duties, the eurozone's GDP could shrink by 1. 3% by 2028. Germany will suffer the most, with a GDP decline of up to 1.5%.

Economy • October 24, 01:39 PM • 20069 views
The European Commission sees an opportunity to reduce emissions through tax policy

European Commissioner Wopke Hoekstra proposes to change the tax system to stimulate green technologies. The EU also plans to revise emission standards for new vehicles by 2026.

Economy • October 24, 10:26 AM • 18286 views
Yanukovych's son received Russian citizenship: what is he doing in Russia

alexander yanukovych, the son of the former fugitive president, has been granted Russian citizenship. 10 years ago, he registered a company in St. Petersburg, whose main activity is the management of financial and industrial groups.

News of the World • October 24, 06:20 AM • 17820 views
Currency exchange rates as of October 24: the dollar and the euro fell in value

The NBU has set the official hryvnia exchange rate at 41. 2739 UAH/USD, which strengthened the hryvnia by 6 kopecks. The dollar and euro are also trading at lower rates in banks and exchange offices.

Economy • October 24, 06:12 AM • 18936 views
Orban accuses the EU of trying to “overthrow” his government in Hungary

Hungarian Prime Minister Viktor Orban said that the EU is trying to deprive him of power because of disagreement with his policies on Ukraine and migration. He compared his rally to the anti-Soviet uprising of 1956.

Politics • October 24, 03:42 AM • 108799 views
This will really support us: Zelensky on $20 billion in US aid

The US will provide Ukraine with $20 billion in additional assistance from frozen russian assets. This is part of a $50 billion support package from the G7 and the EU that is important to implement this year.

Politics • October 23, 05:28 PM • 19297 views
Ukraine may not receive 4 billion euros from the EU on time due to non-compliance with conditions: what is known

Ukraine risks not receiving 4 billion euros from the European Union if the law on plea bargaining is not adopted in time. This could also jeopardize the disbursement of a €35 billion loan from the EU Council.

Politics • October 23, 02:29 PM • 18279 views
IMF increases Ukraine's financing plan for 2025 to USD 2.7 billion - Ministry of Finance

The IMF has optimized the schedule of tranches for Ukraine for 2025, increasing funding from $1. 8 billion to $2.7 billion. Over the 19 months of the EFF program, Ukraine has successfully completed five reviews, attracting $8.7 billion.

Economy • October 23, 11:10 AM • 13868 views
Supporting entrepreneurship in Brovary: government and business are partners in economic recovery

The mayor of Brovary spoke about programs to support entrepreneurs, including grant opportunities and innovation. The authorities create favorable conditions for business, which stimulates the economic development of the community.

Economy • October 23, 11:08 AM • 13893 views
NABU purchased a thousand medals for itself at the expense of the budget - tender

NABU purchased 1000 medals for UAH 75 thousand of budget funds to reward detectives. The winner of the tender was the NBU, which is to deliver the medals by October 30, 2024.

Society • October 23, 11:02 AM • 163736 views
A new round of EU-Ukraine screening meetings has started in Brussels: what will be discussed

The next round of EU-Ukraine bilateral meetings within the framework of the screening process has begun in Brussels. The Ukrainian delegation presents the state of approximation of legislation to EU norms in the field of justice, freedom and security.

Politics • October 23, 10:19 AM • 14452 views
EU urged to create intelligence agency to counter external threats - Bloomberg

The former president of Finland proposes that the EU create an intelligence agency to counter external threats. The goal is to collect information about threats outside the EU without duplicating the work of national agencies.

News of the World • October 23, 09:41 AM • 13811 views
Turkey blocks exports of military goods to russia after US warning

Turkey has banned the export of US military equipment to Russia. The restrictions apply to more than 40 categories of goods important for Russia's military operations in Ukraine.

News of the World • October 23, 09:07 AM • 14519 views
Moldova investigates over 400 cases of vote buying

The General Inspectorate of Police in Moldova is investigating more than 400 cases of voter bribery during the first round of the presidential election. Most of the suspects are cooperating with the investigation and face fines of up to 37.5 thousand lei.

News of the World • October 22, 08:48 PM • 19328 views
russia to transfer LNG from ship to ship at sea to allow tankers to circumvent sanctions - Reuters

russia is organizing ship-to-ship transshipment of LNG in the Barents and Bering Seas to circumvent sanctions. This will free up ice-class tankers.

News of the World • October 22, 06:24 PM • 20122 views
Skies over Ukraine are still closed: the Ministry of Development clarifies information on “permission” for international flights from Lviv and Kyiv

Supernova Airlines has been authorized to operate charter flights to the EU, but not regular international flights from Ukraine. The skies over Ukraine remain closed due to the security situation.

Economy • October 22, 04:30 PM • 26709 views
G7 to announce $50 billion loan for Ukraine on October 25 - European Commissioner

On October 25, G7 partners will announce contributions to a $50 billion loan to Ukraine. The repayment will be made from the proceeds of frozen Russian assets, and the EU is expected to provide €35 billion.

Economy • October 22, 09:17 AM • 107951 views
Zelensky signs law to improve bankruptcy procedure

The President signed a law to bring the bankruptcy procedure closer to European standards. The law introduces preventive restructuring and implements EU Directive 2019/1023 into Ukrainian law.

Economy • October 22, 08:31 AM • 14654 views
The IAEA continued its monitoring mission at substations key to NPP operation

IAEA inspectors continued their monitoring mission at a critical substation for the operation of Ukrainian NPPs. The mission will be conducted at all key nuclear power substations according to the agreed schedule.

War in Ukraine • October 21, 02:36 PM • 20724 views
They produce electronic warfare and ballistic missile control systems: guerrillas scouted a plant in Bryansk that is important for the Russian military-industrial complex

The ATESh movement conducted reconnaissance of the Bryansk Electromechanical Plant, which produces electronic warfare and other important equipment for the Russian military-industrial complex. The guerrillas published the coordinates of the facility and details of its activities.

War in Ukraine • October 21, 12:57 PM • 15102 views
Sandu claims “unprecedented external interference” in Moldova's vote

Moldovan President Maia Sandu accused criminal groups of attempting to bribe 300,000 votes in the election. According to preliminary results, 50.39% supported the European vector in the referendum.

News of the World • October 21, 11:42 AM • 14871 views
Yermak: Russia receives sanctioned goods from the EU through a fake transit scheme

The head of the OP Yermak said that Russia receives sanctioned goods from the European Union through a fake transit scheme. He also noted the presence of Western components in Russian weapons and called for strengthening the position of democracies.

Economy • October 21, 10:43 AM • 16574 views