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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
Ukraine increased exports of goods by 9% in a month: the EU and China became the key importers

In July 2024, Ukraine exported $3 billion worth of goods, mainly to the EU and China. The most exported products were wheat, rapeseed, barley, and ores, with Poland, Spain, Germany, and China as the main partners.

Economy • August 6, 09:30 AM • 29929 views
At a defense plant in Russia occurred explosion: three dead

An explosion occurred at the Avangard plant in Bashkortostan, killing three workers. The company fulfills defense orders and is under sanctions from the EU, Switzerland and Ukraine.

Society • August 5, 09:24 PM • 29581 views
The European Commission decided to ban the TikTok Lite app in the EU

The European Commission has signed an agreement with Tik Tok to withdraw the TikTok Lite Rewards program from the EU. The company has pledged to close the app and not try to circumvent the ban, otherwise it faces a fine of up to 6% of its annual turnover.

News of the World • August 5, 04:40 PM • 21828 views
Necessary decisions and expected agreements: Zelensky worked out with Shmygal the order of work for the month

President Zelensky and Prime Minister Shmygal worked out the order of work for the month. Ukraine received 3 3.9 billion from the US and expects about 4 billion euros from the EU in August.

Economy • August 5, 04:27 PM • 34520 views
After blocking Russian television in the EU and the USA, Russian bloggers launched hundreds of propaganda channels on Telegram

The Kremlin has launched hundreds of Telegram channels in 30 languages to spread propaganda after blocking Russian media in the West. The audience of these channels can reach 15.7 million users.

War in Ukraine • August 5, 03:59 PM • 37475 views
Pace to consider resolutions on release of military and civilian Ukrainians from Russian captivity

Pace is working on resolutions on the release of Ukrainian military and civilians from Russian captivity.

War in Ukraine • August 5, 03:05 PM • 28585 views
Swedish Foreign Minister proposes new sanctions against Chinese companies

Swedish Foreign Minister Tobias Billstrom has proposed new EU sanctions against Chinese companies. He accused China of helping Russia circumvent EU sanctions by exporting goods through third countries.

Politics • August 5, 02:11 PM • 27117 views
European Parliament collects signatures calling for suspension of Hungary's participation in Schengen - Politico

70 MEPs sign a letter calling for the suspension of Hungary's participation in the Schengen area due to the easing of visa rules for Russians and Belarusians. They demand an investigation and possible expulsion of Hungary from the Schengen zone.

News of the World • August 5, 10:55 AM • 16006 views
Hugo Boss sells its business to Russia's Stockmann and exits the Russian market entirely - Reuters

German brand Hugo Boss has sold its business in Russia to its wholesale partner Stockmann. The company has completely withdrawn from the Russian market due to the war in Ukraine, having fulfilled its contractual obligations to its partners.

Economy • August 5, 10:45 AM • 23260 views
EU imposes sanctions on 28 more Belarusian officials for repression

The Council of the European Union has adopted sanctions against 28 people for human rights violations in Belarus. The restrictions apply to representatives of law enforcement agencies, the judiciary and state media.

News of the World • August 5, 09:40 AM • 14682 views
Ireland accuses russia of spying on its territory

Ireland's intelligence chief says Russia is spying in the country. The authorities are monitoring the activities of russia, China and Islamist groups, cooperating with European and American intelligence agencies.

News of the World • August 5, 07:55 AM • 18254 views
The EU does not recognize Maduro's victory in the presidential election in Venezuela

The European Union will not recognize the victory of Nicolas Maduro in the presidential election in Venezuela due to the lack of official voting data. The delay in publishing the results increases doubts about their reliability.

Politics • August 5, 12:45 AM • 31432 views
US missiles in Germany are a reliable deterrent - Burbock

German Foreign Minister Annalena Burbock has supported the deployment of US long-range missiles in the country as a means of deterring russia. The United States plans to deploy hypersonic weapons in Germany starting in 2026.

News of the World • August 4, 01:16 PM • 30698 views
Sanctions should only be strengthened as long as Russia continues its armed aggression - Yermak

The head of the OP, Andriy Yermak, said that sanctions against Russia should be strengthened as long as the armed aggression continues. The goal is to stop Russia's military-industrial complex, energy exports and the war.

War in Ukraine • August 4, 11:55 AM • 101715 views
The U.S. has handed over 18 autotransformers to Ukraine to restore power grids

The United States has provided Ukrenergo with 18 high-voltage autotransformers to restore power grids after Russian attacks. Some of the equipment is already in operation, providing electricity to millions of Ukrainians.

Economy • August 2, 03:16 PM • 20729 views
Moldovan Prime Minister commented on the possibility of extradition of militarily conscripted Ukrainians

The Moldovan prime minister has said that the country will comply with international legislation on human rights. This is a response to Ukraine's request for extradition of men who left the country due to mobilization.

War in Ukraine • August 2, 02:51 PM • 37772 views
Ukraine and Ireland discussed the content of the bilateral agreement

Ukraine and Ireland discussed deepening cooperation and the content of the bilateral agreement. The parties exchanged views on specific provisions and agreed on further steps to strengthen the partnership.

Politics • August 2, 02:17 PM • 30526 views
China and Brazil propose their own plan to end the war in Ukraine. Beijing says it is supported by more than 100 countries

China and Brazil have prepared a 6-point plan to resolve the conflict in Ukraine. According to Beijing, more than 110 countries have responded positively to this initiative, which provides for a peace conference.

War in Ukraine • August 2, 11:55 AM • 37469 views
Cabinet of Ministers approves draft agreement between Ukraine and the EU to raise EUR 50 million for repair of port infrastructure - Shmyhal

The Ukrainian government has approved a draft agreement with the EU to receive €50 million for port repairs. During the 11 months of the sea corridor's operation, cargo turnover in the ports of Greater Odesa amounted to 60 million tons.

Economy • August 2, 11:20 AM • 24829 views
Marchenko hopes that $3.9 billion from the US will be enough for Ukraine until September

Economy Minister Sergiy Marchenko said that the tranche from the US will be enough until early September. The EU is also expected to receive €4.2 billion under the Ukraine Facility program.

Economy • August 2, 11:03 AM • 27915 views
This year, more than 70% of cars imported to Ukraine were used

In 2024, 228,319 vehicles were imported to Ukraine, which is 14. 2% more than last year. 71% of imported cars are used, with an average age of 9 years. The most popular brands: Volkswagen, Renault and Audi.

Society • August 2, 10:19 AM • 15790 views
Does Hetmantsev want to leave Ukrainians without high-quality and affordable Internet during the war? MP decided to fight with providers

Head of the Verkhovna Rada Tax Committee opposes the use of individual entrepreneurs by Internet providers. The Internet Association of Ukraine asks the President for protection, urging him to stop the campaign to destroy small domestic telecom businesses.

Economy • August 2, 09:12 AM • 224131 views
Lukoil's oil transit through Ukraine: Sijjarto sharply responds to Brussels

Hungary's Foreign Minister reacted sharply to the European Commission's response to oil transit. Szijjarto called it a scandal and criticized the proposal to use an alternative route through Croatia.

Economy • August 2, 08:59 AM • 31201 views
Ukraine hopes for Turkey's active participation in the food security component

Ukraine hopes for Turkey's active participation in ensuring food security and navigation safety in the Black Sea. The parties also discussed the ratification of the Free Trade Agreement and strengthening economic cooperation.

Economy • August 2, 08:20 AM • 23833 views
Bitcoin price drops to $63 thousand amid a general market decline

The price of bitcoin dropped to $63 thousand due to concerns about a slowdown in the economy and the possible sale of confiscated tokens by the US government. Uncertainty about the US election also affected the cryptocurrency market.

Economy • August 2, 08:08 AM • 22558 views
EU creates team and develops strategy on trade and support for Ukraine if Trump returns - FT

The European Commission has formed a special group to develop strategies in case Trump wins the US election. The team is analyzing potential consequences for trade, support for Ukraine, and relations with NATO.

Politics • August 2, 07:27 AM • 27350 views
Exclusive
How the head of the ARMA Duma lost Medvedchuk's yacht: investigation of the failure

ARMA failed to sell Medvedchuk's yacht after two years of arrest in Croatia. The head of the agency, Olena Duma, delayed the process, starting the sale only a month before the end of the arrest.

Politics • August 2, 07:17 AM • 243266 views
Gas prices in Europe rise amid supply concerns over tensions in the Middle East

European gas prices rose by 2. 2% due to escalation in the Middle East and fears of supply disruptions. Traders are concerned about stockpiling for the winter, despite well-filled storage facilities.

Economy • August 2, 06:29 AM • 36371 views
EU demands explanations from Hungary on visa facilitation for Russians

The EU demands that Hungary explain its decision to ease visa rules for citizens of Russia and Belarus. EU Commissioner Ylva Johansson expressed concern about potential espionage and security risks for the bloc.

News of the World • August 2, 05:53 AM • 16785 views
Russia says it is ready for dialogue with Georgia at the level of parliaments

Matvienko, the head of the Federation Council of the Russian Federation, said she was ready to engage in a dialogue with Georgia at the parliamentary level. She noted that the results of the October elections in Georgia will determine the country's future course.

News of the World • August 1, 06:46 PM • 27096 views