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

Scholz calls on EU countries to increase assistance to Ukraine

In 2024, Germany will spend more than 7 billion euros ($7. 6 billion) to help Ukraine. European allies should step up their support for Kyiv.

Politics • January 28, 05:17 PM • 111623 views

The French government promised farmers additional measures to protect them from unfair competition

The French Prime Minister has promised additional measures to protect French farmers from unfair competition. This comes after farmers complained about income problems, regulation and environmental standards that put them at a disadvantage compared to foreign competitors.

News of the World • January 28, 03:06 PM • 36266 views

President: Ukraine and the West are close to a decision on confiscation of russian assets

Ukraine and its Western partners have made progress in working on a decision to confiscate frozen russian assets. These assets can be used to finance Ukraine's defense against russian aggression. Further EU sanctions against russia are also being prepared.

War in Ukraine • January 27, 06:02 PM • 112966 views

Kuleba discusses joint production of drones for the Armed Forces with Lithuanian Foreign Minister

Ukraine and Lithuania are identifying joint steps to increase the production of drones for the needs of the Ukrainian Armed Forces. The two countries plan to combine Lithuanian drone production technologies with Ukraine's ability to scale up production.

War in Ukraine • January 27, 12:28 PM • 32986 views

russian millionaires tried to fraudulently obtain Moldovan citizenship

russian oligarchs tried to fraudulently obtain Moldovan citizenship in 2022-2023, according to the head of the Public Services Agency of Moldova.

News of the World • January 27, 08:24 AM • 34500 views

The European Union condemns the use of the death penalty using nitrogen in the United States

The EU condemned the US for the execution of Kenneth Eugene Smith in Alabama using nitrogen gas. The EU opposes the death penalty in all cases as a violation of the right to life and human dignity.

News of the World • January 27, 04:01 AM • 29169 views

Denmark to allocate $8.7 million to Ukraine to support fight against corruption

Denmark will allocate $8. 75 million to support Ukraine's anti-corruption efforts as part of the EU's Anti-Corruption Initiative in Ukraine. This was announced by the Danish Foreign Minister during his visit to Ukraine.

Politics • January 27, 03:25 AM • 103160 views

Taiwan supplies Russia with metalworking machines needed for military technologies - The Insider.

Since the invasion, Taiwan has become the largest supplier of metalworking machines to Russia, delivering $29 million worth of equipment through Turkey, despite Taiwan's pro-Ukrainian stance. These machines are vital to Russia's military industry for the production of precision weapons, but sanctions do not restrict the export of most Taiwanese machines.

War in Ukraine • January 26, 11:41 PM • 31024 views

One country's veto of Ukraine's aspirations 'would be irresponsibility of the others', deputy PM says

Olga Stefanishyna, Ukraine's deputy prime minister, warns that one country vetoing Ukraine's aspirations will be seen as irresponsible of the others, amid fears that Hungary will block Ukraine's EU accession talks.

Politics • November 24, 03:42 PM • 25157 views