$44.8151.06

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
No decision has been made yet: EU hesitates to attend Putin's 'inauguration'

The European Union is hesitant to attend Vladimir Putin's inauguration ceremony, but EU High Representative Josep Borrell opposes the EU's participation in the event.

News of the World • May 6, 03:09 PM • 52467 views
Ukraine is interested in establishing joint ventures with European defense companies - Defense Ministry

During the Ukrainian Defense Industry Forum in Brussels, Ukraine discussed the creation of joint ventures with European defense companies and financing the production of priority weapons for the Armed Forces at Ukrainian defense companies.

War in Ukraine • May 6, 02:19 PM • 25792 views
Media: draft 14th package of sanctions against Russia sent to EU countries, includes restrictions on Russian LNG and "shadow fleet"

The European Commission has sent the EU countries a draft of the 14th package of sanctions against Russia, which includes restrictions on imports of Russian liquefied natural gas, a ban on transshipment of Russian LNG in European ports, sanctions against the Russian "shadow fleet" transporting oil, restrictions on trade with more than 50 non-EU companies that help Russia avoid sanctions, and a ban on Russian funding of political parties and non-governmental organizations in the EU.

War in Ukraine • May 6, 01:57 PM • 23910 views
Von der Leyen after talks with Xi: We hope that China will use its influence on Russia to end the war in Ukraine

Von der Leyen and Macron expect China to use all its influence on Russia to stop its aggressive war against Ukraine and limit the supply of dual-use goods to Russia that end up on the front line in Ukraine.

War in Ukraine • May 6, 01:43 PM • 19562 views
In Spain, the far right has begun to use farmers' protests to improve its position before the elections

In Spain, far-right groups are using farmers' protests against EU agricultural policies to gain support ahead of the June elections.

News of the World • May 6, 12:38 PM • 18214 views
GUR: we cannot talk about a serious threat from Transnistria

Russia's plans for provocations in Transnistria have failed due to lack of support. In turn, Ukraine continues to strengthen its borders with Moldova.

War in Ukraine • May 6, 11:33 AM • 15742 views
Xi Jinping calls for increased "strategic coordination" between China and the EU amid disputes

Chinese President Xi Jinping has called for greater strategic coordination and partnership between China and the EU amid disputes.

News of the World • May 6, 11:23 AM • 16338 views
No one in Europe is safe as long as the war in Ukraine continues - Polish Defense Minister

No one in Europe will be safe as long as the war in Ukraine continues, so Europe must support Ukraine militarily and economically to achieve peace, says Polish Defense Minister Wladyslaw Kosiniak-Kamysh.

War in Ukraine • May 6, 11:08 AM • 19493 views
MEPs earn millions in companies alongside their political activities - Transparency International

Some members of the European Parliament earn extra money by working part-time for private companies, raising concerns about potential conflicts of interest and influence on EU policy-making.

News of the World • May 6, 10:51 AM • 27166 views
Xi Jinping holds talks with Macron and von der Leyen: European Commission President talks about Russia's war against Ukraine

Chinese President Xi Jinping takes part in a trilateral meeting with the leaders of China, France, and the European Union.

Politics • May 6, 10:12 AM • 21278 views
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 • 27178 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 • 26875 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 • 28564 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 • 26207 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 • 27098 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 • 24032 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 • 23736 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 • 24552 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 • 61602 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 • 37137 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 • 97702 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 • 22934 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 • 44963 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 • 22980 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 • 20231 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 • 25222 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 • 22237 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 • 41770 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 • 33998 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 • 102224 views