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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
Kuleba: Common defense and industrial space will help preserve peace in Europe

Russia's aggression requires a united European wartime economy and defense industry to deter it and preserve peace on the continent.

War in Ukraine • May 6, 09:26 AM • 27166 views
Finland wants to build a plant to produce TNT equivalent explosives in Europe

Finland is seeking to quickly build a TNT plant to provide Europe with this strategic substance due to an extreme shortage.

Politics • May 6, 12:31 AM • 26861 views
EU lacks ships for military operation in the Red Sea - media

The EU military operation in the Red Sea is facing problems due to insufficient forces: only 3 frigates are unable to reliably protect merchant ships from Houthi attacks in the Bab el-Mandeb Strait.

News of the World • May 5, 10:54 AM • 28556 views
Due to damage to the energy infrastructure in Ukraine, restrictions are in place in two regions - Ministry of Energy

Due to the significant damage to Ukraine's energy infrastructure caused by Russian attacks, two regions have introduced blackout schedules for consumers. Ukraine has also requested emergency assistance from Romania and Poland to meet consumer needs.

Economy • May 5, 10:09 AM • 26196 views
China can force Putin to end the war - Polish Foreign Minister

Polish Foreign Minister Radoslaw Sikorski believes that China has enough influence to force russian President Vladimir Putin to end the war in Ukraine, but sees no signs of Putin's willingness to negotiate.

Politics • May 5, 09:23 AM • 27094 views
Macron calls on Europe to reset economic ties with China

On the eve of his meeting with Chinese leader Xi Jinping, French President Emmanuel Macron emphasized the need for Europe to restore economic ties with China, seeking reciprocity and better economic security.

News of the World • May 5, 07:38 AM • 24024 views
Meeting between Macron and Xi Jinping: France to pressure China on trade and war in Ukraine

During his meeting with Chinese President Xi Jinping, French President Emmanuel Macron will pressure him to push Russia to end the war in Ukraine.

Politics • May 5, 06:29 AM • 23729 views
Finnish Transport Agency: GPS jamming is a result of russian military activity

According to the Finnish transport and communications agency Traficom, the GPS jamming in the Baltic region is likely a side effect of russian military activities aimed at interfering with the navigation and control of drones.

Politics • May 4, 10:58 PM • 24543 views
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 • 61587 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 • 37125 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 • 97685 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 • 22917 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 • 44958 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 • 22974 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 • 20227 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 • 25217 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 • 22224 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 • 41758 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 • 33990 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 • 102219 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 • 21011 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 • 40523 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 • 18092 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 • 18181 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 • 18616 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 • 25755 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 • 18356 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 • 21613 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 • 19728 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 • 23194 views