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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 and IMF discuss economic recovery, reforms and confiscation of frozen Russian assets

The Government of Ukraine and the IMF mission discussed further joint steps to restore economic growth, implement reforms, implement the government's action program, confiscate frozen Russian assets, support business, increase military production, and obtain additional funding under the IMF EFF program of $2. 2 billion.

Economy • May 24, 09:55 AM • 19784 views
Farmers block a road near Warsaw to protest against the Green Deal, also demanding to cover drought damage

Farmers blocked a national road near Warsaw to protest the Green Deal and draw attention to the losses they have suffered due to the drought, demanding aid and a waiver of Green Deal rules.

News of the World • May 24, 08:57 AM • 17207 views
Borrell: Recognizing a Palestinian state is not a gift for Hamas

The head of the European Union's diplomacy, Josep Borrell, said that the recognition of a Palestinian state is not a gift to Hamas, but rather the opposite.

News of the World • May 24, 08:47 AM • 16593 views
Zelensky enacts NSDC sanctions against 70 people

President Zelenskyy imposes 10-year sanctions on 70 people, including Russian media and companies operating in Crimea.

Economy • May 24, 05:58 AM • 22042 views
Poland and Greece call on the EU to create a joint air defense shield

Poland's prime minister and the Greek prime minister have asked the president of the European Commission to create a European air defense shield to protect the EU from future threats such as planes, missiles, and drones.

News of the World • May 24, 03:14 AM • 24150 views
US Senate prepares bill on sanctions against Georgian politicians due to the law on foreign agents - media

The U. S. Senate is preparing a bipartisan bill to impose sanctions on Georgian politicians responsible for the Foreign Agents Act, which impedes Georgia's Euro-Atlantic integration.

News of the World • May 23, 07:00 PM • 29232 views
Ukraine exported over 45 tons of honey to EU countries

In 2023, Ukraine exported 45,800 tons of honey to the EU, becoming the second largest exporter of honey from outside the EU after China.

Economy • May 23, 02:51 PM • 31767 views
Tougher sanctions against belarus, which are being considered by the EU, should stop the import of luxury cars to russia

The EU is preparing to tighten sanctions against belarus, which will, among other things, close a loophole that allowed russia to import Western luxury goods and goods with potential military use.

War in Ukraine • May 23, 02:29 PM • 16745 views
Nine out of ten Europeans support humanitarian aid for Ukrainians

Nine out of ten Europeans support the provision of humanitarian aid and the acceptance of refugees from Ukraine amid the Russian invasion.

Society • May 23, 02:11 PM • 28167 views
US Treasury Secretary calls for “more ambitious” G7 plans for Russian assets

U. S. Treasury Secretary Janet Yellen urged G7 ministers to explore more ambitious options for using $325 billion in frozen Russian assets to help Ukraine, in addition to the EU's plan to use the interest earned on those assets.

War in Ukraine • May 23, 02:02 PM • 19769 views
EU fined the American confectionery giant Mondelez for EUR 337.5 million

The European Commission fined Mondelez EUR 337. 5 million for anti-competitive behavior.

News of the World • May 23, 01:45 PM • 14849 views
A number of state-owned companies want to go through the process of corporatization - Ministry of Economy

A number of state-owned companies have announced their intentions to go through corporatization, which is expected to attract billions of hryvnias in investment and open up new opportunities through corporate governance.

Economy • May 23, 01:43 PM • 15400 views
EU seeks to strengthen EU defense cooperation - Politico

The EU is seeking to assume greater responsibility for security and defense, including creating an internal defense market, expanding production capacity, promoting joint procurement, and funding major European flagship projects such as the EU air defense shield and improving cybersecurity.

News of the World • May 23, 12:58 PM • 18252 views
An oil tanker of the Russian “shadow fleet” has an engine failure in the Turkish Strait

A Russian oil tanker's engine failed while passing through the Turkish Dardanelles Straits, temporarily blocking maritime traffic for three hours.

Economy • May 23, 12:38 PM • 40284 views
Zelenskyy calls with Greek Prime Minister to discuss upcoming Peace Summit and preparation of joint security agreement

President Zelenskyy discussed with Greek Prime Minister Mitsotakis efforts to engage a wide range of states in the upcoming Peace Summit and prepare for the conclusion of a bilateral security agreement between Ukraine and Greece.

War in Ukraine • May 23, 11:43 AM • 17169 views
India and Egypt became the main destinations for Russian marine fuel oil exports

In April 2023, India and Egypt became the main export destinations for Russian marine fuel oil: India received 0. 6 million tons, and Egypt almost 0.5 million tons, as Russian exports were redirected after the EU embargo.

Economy • May 23, 11:03 AM • 17227 views
The Presidential Administration promises that Ukraine and Greece will soon sign a security agreement

Deputy Head of the Presidential Office Ihor Zhovkva discussed the completion of negotiations with Greece on a bilateral security agreement and thanked the country for its support of Ukraine, including its support for Ukraine's EU and NATO membership applications.

War in Ukraine • May 23, 10:39 AM • 18877 views
Disagreements remain in the EU regarding sanctions against Moscow's "shadow fleet", three countries against - FT

EU countries intend to reach an agreement within a few weeks on the next package of sanctions against Russia, targeting Moscow's “shadow fleet” of oil tankers, banning the re-export of Russian liquefied gas and imposing individual sanctions on more than 100 people involved in the deportation of Ukrainians and arms production.

War in Ukraine • May 23, 10:00 AM • 28400 views
Ukraine imposes power supply restrictions, emergency assistance from the EU is coming - Ministry of Energy

Ukraine imposed power supply restrictions on consumers while receiving emergency aid from the EU, and at a mine in Donetsk region, more than 160 workers remained underground due to shelling that stopped ventilation equipment.

Society • May 23, 07:52 AM • 103531 views
State Labor Service is being deprived of uncharacteristic functions as part of deregulation

The State Labor Service of Ukraine will be deprived of some of its non-essential functions as part of deregulation: the Parliament has supported a draft law on the redistribution of certain functions to other central executive bodies.

Economy • May 23, 06:57 AM • 18704 views
Ukraine and the EU have signed a framework agreement for financing within the framework of the Ukraine Facility for 50 billion euros

Ukraine and the EU have signed a framework agreement on financing under the Ukraine Facility program in the amount of 50 billion euros.

Economy • May 22, 02:09 PM • 21667 views
Latvia to allocate 6 million euros for infrastructure development in Ukraine

Representatives of Ukraine and Latvia discussed increasing the volume of transportation through the Baltic ports, rail and road transportation, and increasing the export of Ukrainian products. Latvia has pledged to allocate 6 million euros in 2024 to support the development of Ukraine's infrastructure.

Economy • May 22, 11:59 AM • 93986 views
EU approves new sanctions regime against Russia - report

The European Union has approved new sanctions against Russia for human rights violations, unofficially named after Alexey Navalny, adding 19 individuals and 1 organization to the list that are primarily responsible for his death.

News of the World • May 22, 09:23 AM • 20354 views
Ukraine has adopted a law on a single roaming zone with the EU: what it means

Ukraine has adopted a law allowing Ukrainians to use national mobile tariffs without additional roaming charges when traveling to EU countries.

Economy • May 22, 09:00 AM • 19714 views
Exclusive
Fake global brands and powdered sugar: how dubious dietary supplements are sold through popular marketplaces in Ukraine

In the online markets of Ukraine, a dubious food supplement is sold, which is positioned as a popular drug for weight loss "Alli".

Society • May 22, 08:20 AM • 137193 views
Some EU countries support sanctions against Georgia because of the law on" foreign agents " - mass media

Several EU countries are pushing for sanctions against Georgia, including the suspension of visa-free travel, in response to Georgia's attempts to introduce a law on "foreign agents" similar to russian law, despite EU warnings and mass protests.

News of the World • May 22, 08:00 AM • 20913 views
Norway's prime minister says Norway is formally recognizing Palestine as a state

Norway officially recognizes Palestine as a state, the Norwegian prime minister said.

News of the World • May 22, 06:55 AM • 21115 views
EU assesses economic consequences of possible restrictions on Russian gas imports

EU countries Belgium, Germany and France have asked the European Commission to assess the potential economic damage caused by restricting Russian gas imports amid discussions on a new package of sanctions against Russia.

Economy • May 22, 01:32 AM • 28467 views
For supporting Ukraine: Zelensky awarded German Foreign Minister Berbock with the order

Annalena Berbock was awarded the Order of Yaroslav the wise, third class, which the president of Ukraine awarded her at the end of last year by decree.

Politics • May 21, 02:25 PM • 18533 views
The situation at the front and the conference on the restoration of Ukraine: Zelensky spoke with German Foreign Minister Berbock

During the meeting, Zelensky and Berbok separately discussed Ukraine's movement towards EU membership and the organization of the International Conference on the restoration of Ukraine (URC 2024), which will be held in Berlin in June, and coordinated steps to fill it with specific projects.

Politics • May 21, 02:02 PM • 27275 views