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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 received €1.5 billion from the EU, expects the next tranche of almost €1.9 billion to be disbursed soon

Ukraine has received €1. 5 billion of the second tranche of funding from the EU and expects the third tranche of €1.89 billion to be disbursed soon.

Economy • April 24, 11:50 AM • 16928 views
EU may give a green light to the issue of income from Russian assets for Ukraine in the next 1-2 weeks - media

The issue of excess profits from frozen Russian assets in the EU is not currently on the agenda of EU ambassadors this week, but there is a possibility that it could be approved within the next 1-2 weeks.

Politics • April 24, 10:30 AM • 20463 views
Deputy Defense Minister arrested in Russia for bribery

Deputy Defense Minister Timur Ivanov, who was arrested in Russia for taking bribes on an especially large scale, faces up to 15 years in prison.

News of the World • April 24, 09:39 AM • 18083 views
Presidential elections started in North Macedonia

Presidential elections have begun in North Macedonia, with seven candidates running. It is expected that none of the candidates will overcome the 50 percent threshold in the first round, so the second round will tentatively take place on May 8.

News of the World • April 24, 09:35 AM • 16283 views
Rada supports new rules for combating bribery of foreign officials: concerns informing NABU

The Verkhovna Rada passed in the first reading a draft law that supplements the Tax Code with provisions on combating bribery of foreign officials, obliging regulatory authorities to notify the NABU of signs of bribery found during taxpayer audits.

Economy • April 24, 09:23 AM • 21708 views
Georgia extends visa-free stay for Ukrainian citizens to three years

Georgia has extended the period of visa-free stay for Ukrainian citizens to three years, allowing them to enter and stay in the country without a visa for the full three years.

Society • April 24, 08:56 AM • 20679 views
"These resources are needed": Borrell expects quick conclusion of EU Council discussion on proceeds from Russian assets to help Ukraine

EU Diplomacy Chief Josep Borrell expects the EU Council to finalize the discussion on the use of funds from seized Russian assets for military support to Ukraine through the European Peace Fund, as the bloc believes it is legally justified.

War in Ukraine • April 24, 08:34 AM • 18518 views
eBus queue: at 10 border crossing points with Moldova, you can choose the time of crossing the border from now on

Starting today, April 24, buses can choose the time of border crossing at 10 checkpoints with Moldova as part of the electronic queue service.

Society • April 24, 07:11 AM • 15763 views
Trade disputes with EU neighbors hurt Ukraine's economy and budget - IMF

According to the IMF, trade disputes between Ukraine and its European neighbors have affected Ukraine's economic growth and budget revenues.

Economy • April 24, 06:46 AM • 19248 views
Mind Entrepreneur Summit was held in Kyiv

On April 19, the largest conference for small and medium-sized businesses took place in the Pochaina event hall.

Business News • April 24, 06:40 AM • 51521 views
Car customs clearance in Diia: The Rada plans to take the first step

The Verkhovna Rada plans to consider a bill that would allow customs clearance of cars through the Diia system to reduce corruption and speed up the process, with the cost of the car calculated automatically.

Economy • April 24, 05:48 AM • 102616 views
Parliament plans to consider introduction of EU customs practices in Ukraine

The draft law proposes to implement European practices in the customs legislation of Ukraine, including customs representation, provisions on customs regimes, brought in line with EU norms, and harmonize terminology with European legislation.

Economy • April 24, 05:39 AM • 29343 views
Yermak discusses investment prospects in Ukraine with international group CRH

Head of the Office of the President of Ukraine Andriy Yermak discussed the prospects of investing in Ukraine with representatives of CRH, the largest manufacturer of construction materials in North America and Europe, assuring them of full support and favorable conditions for such large investors.

Economy • April 23, 08:21 PM • 20866 views
Bloomberg: EU may impose sanctions on a number of companies supplying goods to the russian army

The EU is considering imposing sanctions on more than 10 companies from russia, Turkey, the UAE, China, and Hong Kong for importing millions of euros worth of banned European goods for use by the russian military-defense complex, despite significant trade restrictions.

War in Ukraine • April 23, 03:52 PM • 54991 views
Shmyhal named the potential amount that Ukraine will receive if Congress passes the REPO law

Ukraine could receive up to $5 billion from confiscated Russian assets if the US Congress approves the REPO bill, which would allow the president to seize Russian sovereign assets currently under US jurisdiction.

Economy • April 23, 03:26 PM • 64997 views
MPs to consider a draft law that would classify oil and gas condensate as zero-rated excisable goods

The draft law plans to classify oil, oil products, and gas condensate as excisable goods with a zero excise tax rate, and to include some solvents as excisable goods with a rate of 245 euros per 1000 liters.

Economy • April 23, 02:40 PM • 19934 views
Parliamentary Committee Calls for Preservation of the Ministry of Agrarian Policy and Food of Ukraine

The Committee on Agrarian and Land Policy called on the authorities to preserve the Ministry of Agrarian Policy and Food of Ukraine in its current format, emphasizing its vital role in ensuring food security and economic recovery of Ukraine during the war with Russia.

Economy • April 23, 01:17 PM • 28141 views
Free highway travel for Ukrainians extended in Austria

Austria has extended free travel on its highways and the right to obtain border insurance for Ukrainians with vehicles until September 30, 2024, allowing them to use Ukrainian driving licenses without exchanging them for EU ones during this period.

Society • April 23, 01:11 PM • 23374 views
European Parliament supports extension of preferential trade with Ukraine with restrictions

The European Parliament voted to extend duty-free trade in Ukrainian agricultural products for a year until June 5, 2025, with new restrictions to protect the interests of European farmers.

Economy • April 23, 12:57 PM • 17764 views
Rada supported the strengthening of responsibility for trade in excisable goods without permits: what fines are envisaged

The Verkhovna Rada has supported a draft law that establishes new fines for illegal trade in beer, alcoholic beverages, tobacco products and e-cigarette liquids without state registration or permits.

Economy • April 23, 12:35 PM • 17730 views
The Verkhovna Rada supported the draft law on regulation of forest reproduction

The Verkhovna Rada supported a draft law to create a new system of regulation and control over activities related to forest reproductive resources, ensure the preservation and restoration of unique forest ecosystems, preserve genetic diversity, increase forest cover and bring them in line with EU legislation.

Economy • April 23, 12:09 PM • 43513 views
The Ministry of Economy finalizes the national energy and climate plan expected by the European Union

The Ministry of Economy has submitted a draft National Energy and Climate Plan to the Verkhovna Rada Committee on Environmental Policy and Nature Management. This is a key strategic document expected by the EU from Ukraine.

Economy • April 23, 10:20 AM • 19032 views
Ukraine and Brazil plan to expand trade relations - Ministry of Economy

Ukraine and Brazil plan to intensify economic cooperation and increase trade between the two countries.

Economy • April 23, 10:05 AM • 17892 views
Bloomberg: Germany demands that the United States transfer another Patriot system to Ukraine

Germany pressures the United States and other NATO allies to provide Ukraine with more Patriot missile defense systems and other equipment to strengthen its air defense against massive Russian air strikes.

Politics • April 23, 09:25 AM • 17472 views
Hungary threatens to block 2 billion euros of aid to Ukraine

Hungary threatens to block €2 billion in EU aid to Ukraine unless Kyiv stops discriminating against Hungarian companies operating in Ukraine.

Politics • April 23, 08:47 AM • 22217 views
The Verkhovna Rada is planning to consider a draft law on international cooperation of hromadas: what is envisaged

The draft law No. 9450 on international territorial cooperation was updated with several important changes, including expanding its scope to cover more territories, dividing cooperation into inter-territorial, cross-border and transnational, prohibiting cooperation with the aggressor state, allowing district councils and heads of military administrations to initiate cooperation, providing a clear algorithm for implementing joint projects funded by the EU, and introducing a detailed procedure for approving cooperation agreements.

Politics • April 23, 07:00 AM • 20922 views
EU threatens TikTok Lite with a ban over its reward for watching: child safety issues

The EU is threatening to ban TikTok Lite's paid feature due to concerns about its potential negative impact on children's mental health and safety.

Technologies • April 23, 03:16 AM • 21686 views
The Coordination Center for Integrated Border Management was launched in Ukraine - SBGS

Ukraine has launched a coordination center for integrated border management to monitor and report on the situation at the state border, facilitate coordination between border agencies, and prepare situational reports.

Politics • April 22, 06:39 PM • 23362 views
After half a thousand test scenarios with the EU, Ukraine switched to an updated IT system in accordance with the Convention on Common Transit

Ukraine switched to the updated NCTS Phase 5 IT system on time, fulfilling its obligation to join the Convention on a Common Transit Procedure, which is a prerequisite for accession to the European Union.

Economy • April 22, 04:21 PM • 36016 views
Ramstein 21: Dutch Defense Minister announces meeting for the end of the week

The next meeting of the contact group on Ukraine's defense in the Ramstein format will take place at the end of this week, the head of the Dutch Defense Ministry said.

War in Ukraine • April 22, 02:25 PM • 24699 views