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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
The Central Bank of the Russian Federation is considering unstable currencies for reserves amid the isolation of the Russian economy

Russia's growing isolation in the world is forcing it to consider less stable and illiquid currencies other than the Chinese yuan for its reserves due to the tightening of Western sanctions.

Economy • April 1, 02:46 PM • 26663 views
Hackers stole russian prisoners' database to take revenge on russia for Navalny's death - media

The hackers claim to have stolen a database containing information on about 800,000 russian prisoners, their relatives and contacts from the Federal Penitentiary Service network and posted a photo of Navalny and his wife on the service's internal website.

News of the World • April 1, 01:36 PM • 20978 views
From treatment and adaptation to entrepreneurial initiatives: how MHP cares about veterans and their families

MHP implements a comprehensive reintegration program called MHP Poruch, which provides individualized support, including treatment, rehabilitation, legal and psychological assistance, social reintegration, professional adaptation and entrepreneurial initiatives for military personnel, veterans and their families.

Society • April 1, 01:26 PM • 17446 views
Exclusive
Not Knyazhytsky's alone. How social media forgot about Sivkovych's main assistant

Former FSB assistant Danylo Hetmantsev is now not only a member of parliament from President Volodymyr Zelenskyy's Servant of the People party, but he also heads one of the most important committees of the Verkhovna Rada.

War in Ukraine • April 1, 01:10 PM • 119121 views
Germany becomes the largest EU country to legalize cannabis consumption

Germany becomes the largest EU country to legalize cannabis consumption, allowing possession of up to 25 grams and home cultivation of up to 50 grams and three plants per adult, while distribution remains illegal.

News of the World • April 1, 01:00 PM • 26130 views
Romania and Bulgaria partially joined the Schengen area: checks at land borders remain

Romania and Bulgaria have partially joined the Schengen area for air and sea travel, allowing free movement without document checks, but land border controls remain in place due to Austria's opposition on migration grounds.

News of the World • April 1, 12:47 PM • 26803 views
Chinese Foreign Minister calls the EU a strategic partner of China

The Chinese Foreign Ministry stated that China and the European Union are strategic partners whose common interests far outweigh their differences. The Chinese foreign minister also emphasized Beijing's readiness to cooperate with the EU in the economic, trade, scientific, and supply chain spheres in order to contribute to the global economic recovery.

News of the World • April 1, 12:20 PM • 23340 views
China promises to import more goods and services from France

China promises to import more high-quality goods and services from France amid ongoing trade tensions over the export of Chinese electric vehicles to Europe.

News of the World • April 1, 12:07 PM • 22661 views
Lush: we need to save reserves

The National Bank of Ukraine sells dollars from its reserves to compensate for the structural shortage of foreign currency during the war, prevent the devaluation of the hryvnia, and maintain macrofinancial stability.

Economy • April 1, 10:15 AM • 22656 views
Bribed MEPs and disinformation: the EU exposes Medvedchuk's powerful influence network

Bribed MEPs and disinformation: The EU has exposed Medvedchuk's powerful pro-Russian influence network aimed at promoting pro-Russian politicians to the European Parliament by praising Russia and Putin in the European media and publishing anti-Ukrainian and anti-European materials.

Politics • March 31, 10:08 AM • 104082 views
"The EU's resolve to defend Ukraine will only become stronger": Borrell reacts to Russian attacks on Ukrainian energy infrastructure

EU foreign policy chief reacts to Russian attacks on Ukrainian energy infrastructure and civilians.

War in Ukraine • March 30, 10:32 AM • 53226 views
Ukraine received $1.5 billion from the World Bank - Shmyhal

In March this year, Ukraine will receive record budgetary funding from our allies for the entire duration of the war and the entire history of independence. We are talking about more than $9 billion.

War in Ukraine • March 29, 05:05 PM • 60075 views
Despite sanctions, russia doubles imports of raw materials for gunpowder thanks to Western companies - WSJ

Despite Western sanctions, russia increased its imports of nitrocellulose, a key ingredient for gunpowder production, by 70% in 2022 from companies in the US, Germany, Taiwan, and other countries.

War in Ukraine • March 29, 04:45 PM • 32308 views
This is in line with the movement towards the EU: NBU to start publishing statistics in euros

The National Bank of Ukraine is expanding the publication of external sector statistics in euros and hryvnia on its website, bringing it in line with EU practices as Ukraine moves forward on its path to European integration and EU membership.

Economy • March 29, 02:59 PM • 24619 views
Ukraine receives $1.5 billion from the World Bank - Ministry of Finance

Ukraine has received a $1. 5 billion loan from Japan and the United Kingdom through the World Bank to support key state budget priorities in the face of full-scale Russian aggression.

Economy • March 29, 11:27 AM • 31920 views
Expanding fiscal pressure on business is unfair and harmful - All-Ukrainian Professional Association of Entrepreneurs

Any increase in fiscal pressure on business is unjustified and harmful, as it will impose significant costs on business, while additional revenues to the state budget will be minimal, said the president of the All-Ukrainian Professional Association of Entrepreneurs.

Economy • March 29, 10:44 AM • 22980 views
Special markings for humanitarian flights: new features added to the eTruck service for trucks

The eChezhda service for trucks has added new features, including marking of vehicles carrying humanitarian aid, a new list showing trucks that have entered the checkpoint based on registration, and displaying license plates, booking dates, times and serial numbers for trucks in different queues, with license plates hidden for security reasons for special trips.

Society • March 29, 10:31 AM • 21945 views
Ukraine switches to daylight saving time on March 31

On March 31, Ukraine switches to daylight saving time, setting the clocks forward one hour in accordance with a 1996 government decree and international practice.

Society • March 29, 08:09 AM • 120432 views
Bloomberg: US, UK track $20 billion in cryptocurrency transfers to Russia

The US and UK are investigating more than $20 billion in cryptocurrency transfers to Russia through the Russian exchange Garantex using Tether, suspected of facilitating financial crimes and illegal transfers.

War in Ukraine • March 29, 03:50 AM • 45492 views
Swedish Defense Minister announces talks with Ukraine on the transfer of Gripen fighter jets

Swedish Defense Minister Pal Jonson announces ongoing talks with Ukraine on the potential transfer of Swedish Gripen fighter jets after joining NATO.

War in Ukraine • March 29, 12:40 AM • 43384 views
Telegram may be under the influence of Russian special services - Head of the Verkhovna Rada Committee

Telegram may be under the influence of Russian special services and should be regulated by Ukrainian law, says the head of the Verkhovna Rada Committee on Humanitarian and Information Policy.

Politics • March 28, 09:45 PM • 35508 views
Russian propaganda network paid MEPs, says Belgian prime minister

A Russian propaganda network paid some EU lawmakers to spread Russian propaganda, Belgian Prime Minister Alexander De Kroo said.

War in Ukraine • March 28, 09:03 PM • 114822 views
Zelenskyy meets with the delegation of the European Parliament's political group Renew Europe

President Zelenskyy met with a delegation from the European Parliament's Renewal of Europe group to discuss military assistance, countering Russian propaganda, and Ukraine's integration into the EU, emphasizing the need to start accession talks during Belgium's EU presidency.

War in Ukraine • March 28, 05:54 PM • 27514 views
Shmyhal met with Duda in Warsaw: what the politicians discussed

Prime Minister of Ukraine Denys Shmyhal met with President of Poland Andrzej Duda in Warsaw to discuss further support for Ukraine, including the provision of weapons, Ukraine's integration into NATO and the EU, and increased cooperation to defeat Russian aggression.

War in Ukraine • March 28, 04:27 PM • 25317 views
DTEK's subsidiary will invest in a project to develop electricity storage systems in Poland

DTEK's subsidiary DRI has signed an agreement to acquire shares in Polish company Columbus Energy, which will allow it to build 133 MW of electricity storage in southern Poland, an important step towards integrating the energy systems of Ukraine and the EU.

Economy • March 28, 01:20 PM • 25637 views
Shmyhal: We are making progress in lifting the blockade on the Polish-Ukrainian border

Ukraine and Poland are making progress in lifting the blockade on their border, but the unblocking plan is not being implemented as quickly as we would like, although there are positive trends that need to be maintained and developed.

Economy • March 28, 01:09 PM • 25024 views
German government steps up measures against Russian disinformation

The German government wants to strengthen international measures to combat Russian disinformation networks by establishing an early warning and response system between Germany, France, and Poland for information manipulation and foreign influence.

War in Ukraine • March 28, 01:07 PM • 22836 views
Poland will work to convene an intergovernmental conference between the EU and Ukraine within the framework of accession talks no later than June - Deputy Prime Minister

Poland will work to convene the first intergovernmental conference between the EU and Ukraine no later than June 2024, which will mark the start of negotiations on Ukraine's accession to the EU.

Politics • March 28, 12:55 PM • 23909 views
EU plan to diversify supply of critical raw materials not aimed at China - Euractiv

The EU law on critical raw materials is aimed at diversifying sources of supply of critical raw materials, not at confronting China, according to a European official.

Economy • March 28, 12:37 PM • 24878 views
Ukraine and Poland discussed the situation at the border and agricultural trade at government consultations: what they agreed on

Ukraine and Poland held governmental consultations in Warsaw to resolve issues such as the situation at the border and agricultural trade and to find mutually beneficial solutions through dialogue and compromise.

Economy • March 28, 12:28 PM • 25563 views