$44.95↓0.11€50.64↑0.16

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
Rutte revealed details of conversation with Zelenskyy regarding air defense and Russia's losses

Rutte discussed with Zelenskyy the supply of air defense systems and Russian losses of 35,000 personnel monthly. The NATO Secretary General noted the importance of US assistance.

War in Ukraine • June 18, 06:53 AM • 34859 views
EU seeks new energy routes following Iran crisis, considers India as an option

The war in Iran has cost the EU 25 billion euros, prompting Brussels to create a corridor through India. The IMEC project aims to secure the supply of energy and goods.

Economy • June 18, 04:50 AM • 4573 views
European Parliament introduces new system for deporting illegal migrants from the EU

The European Parliament has approved a simplified procedure for returning illegal immigrants and the creation of special centers. The new rules require migrants to leave the EU immediately.

Politics • June 17, 05:10 PM • 5331 views
Meloni initiates appointment of a single EU representative for negotiations on Ukraine

The Italian Prime Minister will propose appointing a single EU representative for negotiations on Ukraine.

Politics • June 17, 03:58 PM • 3920 views
Bulgaria opposes EU sanctions against the head of the ROC, Kirill

The Bulgarian Foreign Ministry called the restrictions against the head of the ROC symbolic and counterproductive. The country also does not support part of the energy sanctions in the EU's 21st package.

Politics • June 17, 02:00 PM • 4049 views
Trump acknowledged that Europe has "earned" a seat at the negotiating table with Russia, the US, and Ukraine - Euractiv

Trump recognized Europe's leading role in negotiations regarding Ukraine due to the EU's financial assistance. The G7 plans to tighten sanctions against Russian energy.

Politics • June 17, 01:50 PM • 4060 views
Ukraine has launched the practical stage of preparations for EU accession; 16 indicators must be met in the agricultural sector - Ministry of Economy

According to the Ministry of Economy, the agricultural sector must prepare the industry to operate under the rules of the single European market and fulfill 16 indicators. Complex reforms lie ahead.

Economy • June 17, 12:53 PM • 11969 views
General Staff confirmed the strike on a "shadow fleet" tanker and enemy logistics hubs near Crimea

General Staff confirmed the strike on the tanker FINA A and bridges, including the one across the North Crimean Canal. Control points in several regions and the Russian Federation were also attacked.

War in Ukraine • June 17, 11:39 AM • 3867 views
Investigation completed in the case of the usurpation of power by Viktor Yanukovych and 16 former high-ranking officials - Prosecutor General

Investigation completed regarding Yanukovych and 16 officials concerning the seizure of power. They will be tried for a criminal organization and the murders of protesters.

Politics • June 17, 10:28 AM • 32181 views
"We are not naive": Rutte reacted to reports of China's assistance to Russia in military training

Mark Rutte stated that NATO is closely monitoring the military training of Russians in China. The Alliance is not naive and controls every aspect of this cooperation.

Politics • June 17, 10:25 AM • 7658 views
Potential reopening of dialogue with Russia "clearly debated among allies" - Rutte

Mark Rutte stated that the resumption of contacts with the Russian Federation is being discussed within the EU.

Politics • June 17, 10:00 AM • 5443 views
Trump stunned Europeans with plans regarding Russia at the G7 summit - Politico

Trump agreed to sanctions against Russian oil in exchange for help with Iran. G7 leaders are trying to keep the US in the Western camp ahead of the NATO summit.

Politics • June 17, 12:14 AM • 24602 views
Zelenskyy and EU leaders discussed the schedule for opening five new clusters and the first tranche of financial support

Zelenskyy discussed with EU leaders the schedule for opening the next five clusters and a new sanctions package. Ukraine expects to receive the first financial tranche this month.

Economy • June 16, 07:40 PM • 6144 views
Binance to lose license to serve customers in the European Union

Binance's MiCA license application will be rejected, causing the exchange to lose access to the EU market. The company promises to minimize inconvenience for its users.

Economy • June 16, 07:01 PM • 10489 views
Heads of NABU and SAPO are promoting their own interests through Marta Kos under the guise of EU requirements – former SAPO prosecutor

Former prosecutor Bronevytskyi stated that the EU requirements regarding NABU and SAPO are merely requests from the heads of these bodies. In reality, no official plan exists.

Politics • June 16, 04:35 PM • 4762 views
Ukraine to update banking and insurance operations according to EU rules by 2028 - Pyshnyi

The Governor of the National Bank announced a plan to bring the financial sector in line with EU standards by 2028. Currently, banks are 78% ready, while insurers are at 55%, he says.

Society • June 16, 04:04 PM • 5108 views
Global electric vehicle sales reached 1.8 million units in May, Europe leads the way

Global EV sales reached 1. 8 million units in May, driven by growth in Europe. North America is losing ground, while China breaks export records.

News of the World • June 16, 02:37 PM • 4984 views
European leaders have urged Trump to organize negotiations between Zelenskyy and Putin

At the G7 summit, EU leaders called on Trump to organize a meeting between Zelenskyy and Putin in the United States. The U.S. President promised to facilitate the start of the negotiation process.

Politics • June 16, 02:21 PM • 5130 views
Trump is positively inclined toward providing missile aid to Ukraine – Zelenskyy

Trump supported missile aid for Ukraine, while Zelenskyy called on the EU to create a joint air defense system. Kyiv seeks to obtain licenses for the production of Patriot missiles.

War in Ukraine • June 16, 02:09 PM • 3979 views
Russia will try to block Ukraine's accession to the EU if the process is not accelerated - Zelenskyy

The Head of State declared that delays in European integration would allow the Russians to block the path to the EU. He noted that Ukraine seeks equal conditions for membership and the strengthening of air defense.

Politics • June 16, 01:49 PM • 4145 views
Zelenskyy and Merz discussed defense support for Ukraine and the steps necessary to achieve peace

Zelenskyy and Chancellor Merz discussed strengthening air defense and weapons production at the G7 summit. The leaders coordinated steps to weaken Russia and for EU accession.

War in Ukraine • June 16, 12:35 PM • 4522 views
Zelenskyy discussed anti-ballistic licenses with Trump; G7 promised aid and supported pressure on Russia

Zelenskyy discussed strengthening air defense and licenses for anti-ballistic systems with the G7. Partners will provide a winter energy package and assist with reconstruction.

Politics • June 16, 11:55 AM • 45956 views
Dollar at 51 hryvnia and wage growth: government presents three-year budget plan

The government forecasts an exchange rate of 51. 5 hryvnia per dollar and wage growth through 2029. The budget declaration envisages an increase in public debt and the deficit.

Economy • June 16, 10:14 AM • 10570 views
Allies at G7 summit will urge Trump to take a tougher line against Russia, but have concerns - Politico

At the G7 summit, allies will try to persuade Trump to increase pressure on Russia for the sake of peace. The US President, however, may consider the option of negotiations with Putin without Europe's assistance.

Politics • June 16, 07:15 AM • 22271 views
Hungarian Parliament bans Orbán from returning to the post of Prime Minister

The Hungarian Parliament has limited the term of office for the Prime Minister to eight years. This effectively bans Viktor Orbán from leading the country's government again.

Politics • June 16, 04:15 AM • 6179 views
Strike on the Lavra exposed the absurdity of Russia's claims to be a protector of Christianity - Kallas

The EU's top diplomat condemned the shelling of Kyiv that damaged an ancient cathedral. She called for Russia's isolation amid the start of negotiations on Ukraine's accession to the EU.

War in Ukraine • June 15, 10:05 PM • 14638 views
We are beginning work on the foundation of our European life - Budanov

The EU has officially launched the first stage of accession negotiations for Ukraine and Moldova. Kyrylo Budanov called this decision a recognition of the resilience of Kyiv's European choice.

Politics • June 15, 08:21 PM • 6718 views
"It will be a strong response to Russian aggression" - Zelenskyy urged the EU to accelerate Ukraine's accession and open all clusters

Zelenskyy welcomed the opening of the first cluster of negotiations on Ukraine's accession to the EU. The President urged partners not to delay the opening of other stages.

Politics • June 15, 07:33 PM • 4655 views
The first cluster of negotiations on Ukraine's accession to the EU: what principles and values it covers

The parties have begun discussing a block of issues regarding the rule of law, justice, and public procurement. This stage will determine the overall pace of EU accession.

Politics • June 15, 06:40 PM • 5750 views
First cluster opened: Ukraine and the EU officially launch accession negotiations

Ukraine and the European Union have officially launched accession negotiations. The parties opened the first cluster titled Fundamentals of the EU accession process.

Politics • June 15, 06:05 PM • 37606 views