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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
EU allocates 90 billion euros in aid to Ukraine for 2026-2027 - Head of the European Council

The countries of the European Union have agreed to provide Ukraine with 90 billion euros in aid for 2026-2027. This was stated by the President of the European Council, António Costa.

Economy • December 19, 02:37 AM • 24762 views
EU leaders failed to agree on using Russian assets to finance Ukraine

European Union leaders have not reached an agreement on using frozen Russian assets to finance Ukraine. Discussions on providing a loan will continue on December 19 at the summit in Brussels.

Economy • December 18, 10:09 PM • 21069 views
The European Union will adopt a law on refugee reception centers in third countries

The European Union has agreed on a new law that allows migrant applications to be processed outside the EU and simplifies deportations. This expands the list of "safe third countries" and limits the possibilities of obtaining asylum in the European Union.

Politics • December 18, 09:44 PM • 5009 views
EU leaders will find a solution to support Ukraine: Lagarde on reparations loan

European Central Bank President Christine Lagarde expressed confidence that EU leaders will agree on a way to support Ukraine. She expects a solution to be found, despite possible difficulties, as the issue is too important.

Economy • December 18, 06:29 PM • 3918 views
Albanian Parliament turns into a battlefield: flares, bottles, and accusations of falsification

A session of the Albanian Parliament turned into a large-scale clash: the opposition lit flares, threw bottles, and blocked the rostrum. The reason was a protest against election falsification and a demand for the resignation of the Deputy Prime Minister, who is under investigation.

Politics • December 18, 04:48 PM • 4317 views
EU and Belgium secretly agree on the use of 210 billion euros of frozen Russian assets for Ukraine

The European Commission and Belgium are negotiating the use of 210 billion euros of frozen Russian assets for Ukraine. Belgium seeks additional financial guarantees due to concerns about legal and financial risks.

Economy • December 18, 03:36 PM • 3534 views
In Belgium, farmers protested against free trade with South America, police dispersed activistsVideo

Nearly 7,300 demonstrators and 1,000 tractors are present in Brussels' European Quarter to protest against the EU-Mercosur agreement. The demonstration marched through the streets of Brussels earlier in the day but was eventually dispersed.

News of the World • December 18, 03:28 PM • 3433 views
25% of new cars sold globally in 2025 were electric: here's who bought themPhoto

Over 25% of new cars sold globally in 2025 are electric, according to an Ember analysis. This growth is driven by emerging markets, which are now leading the transition to electromobility.

News of the World • December 18, 03:04 PM • 40492 views
Zelenskyy discussed with Belgian PM the use of frozen Russian assets

Ukrainian President Volodymyr Zelenskyy met with Belgian Prime Minister Bart De Wever in Brussels. The main topic of discussion was the use of frozen Russian assets for the benefit of Ukraine, as well as coordination with Europe and the United States on the peace process.

Politics • December 18, 02:57 PM • 26238 views
Zelenskyy met with Spanish Prime Minister Sanchez: what they discussed became knownVideo

President of Ukraine Volodymyr Zelenskyy met with Spanish Prime Minister Pedro Sánchez in Brussels. The leaders discussed the coordination of positions regarding the negotiation process with Donald Trump's team and the importance of involving Europe to guarantee Ukraine's sovereignty.

Politics • December 18, 02:55 PM • 3832 views
Britain expanded sanctions against Russia's energy sector, blocking three oil companies

Great Britain imposed sanctions against three Russian oil companies: PJSC Tatneft, PJSC Russneft, and PJSC NNK. This expansion of sanctions pressure is aimed at reducing Russia's revenue from energy exports, covering almost 60% of Russian oil exports to key markets.

Economy • December 18, 02:16 PM • 3353 views
Without a tranche in spring, Ukraine will reduce drone production several times over - Zelenskyy

President Volodymyr Zelenskyy stated that Ukraine will be forced to significantly reduce drone production if it does not receive funding in the spring, including a reparations loan. These funds are planned to be used for the country's recovery or for drone production if the war continues.

Economy • December 18, 01:30 PM • 2889 views
EU explains postponement of Ukraine funding consideration at summit: technical groups are looking for solutions

Technical groups at the EU summit are working to find ways to finance Ukraine, which could take hours. Discussions on a loan for Ukraine are moving in the right direction, a German official assessed.

Politics • December 18, 12:53 PM • 11031 views
Russian border guards illegally crossed Estonian border - BloombergVideo

Three Russian border guards illegally crossed the border of Estonia, an EU and NATO member. They crossed the control line on the Narva River on foot and then returned to Russian territory.

Politics • December 18, 12:49 PM • 5500 views
EU offered Belgium additional guarantees for agreement on Russian assets: the issue of a loan to Ukraine was moved down the summit agenda

EU countries have offered additional guarantees to Belgium to support a plan to provide Ukraine with a 210 billion euro loan from frozen Russian assets. Unused loan funds will be the first line of defense if the EU has to compensate Russia for damages.

Economy • December 18, 12:16 PM • 4064 views
EU expands sanctions against Russian "shadow fleet": adds 41 more vessels to the list

The European Union has imposed sanctions against 41 vessels of Russia's "shadow fleet. " This decision was made within the framework of the sanctions regime for Russia's aggressive war against Ukraine.

Politics • December 18, 11:15 AM • 24397 views
Orban stated that the reparations loan to Ukraine is "dead." A number of other leaders supported the EU plan

Hungarian Prime Minister Viktor Orban said that the EU plan to use frozen Russian assets to finance Ukraine is “dead. ” According to him, not enough leaders supported the idea.

Politics • December 18, 10:37 AM • 7925 views
EU's refusal to use frozen assets will weaken Ukraine's position - President Zelenskyy

President Zelenskyy stated that the EU's refusal to use frozen Russian funds would weaken Ukraine, potentially affecting the course of the war and diplomacy. He emphasized that without these funds, Ukraine would be in a more vulnerable position, which would reduce Russia's interest in a diplomatic settlement.

Politics • December 18, 09:30 AM • 3435 views
Zelenskyy arrives in Brussels for crucial EU summit on Ukraine

Ukrainian President Volodymyr Zelenskyy has arrived in Brussels for the EU summit. The summit will address the issue of financing Ukraine and the use of frozen Russian assets.

Politics • December 18, 09:17 AM • 3455 views
President: decision on using frozen Russian assets depends on political will of partners

Volodymyr Zelenskyy stated that the issue of using frozen Russian assets for Ukraine's needs depends on the political will of partners. The President noted that these funds could be directed to support the Ukrainian army and defense production.

Economy • December 18, 08:32 AM • 3088 views
"Even if it means meeting late": Politico learned "the whole point" of the decisive EU summit on Ukraine

At Thursday's EU summit, leaders will try to persuade Belgium to agree to the use of frozen Russian assets to finance Ukraine. This is the EU's last chance to greenlight a proposal to raise 210 billion euros from Russian assets.

Economy • December 18, 07:18 AM • 35852 views
EU struggles for last-minute compromise to save aid deal at summit for Ukraine - Politico

EU diplomats are trying to find a compromise on financial aid to Ukraine ahead of the bloc's leaders' summit. Options being considered include a loan based on frozen Russian assets or joint EU debt.

Economy • December 18, 06:30 AM • 8334 views
Russia intimidates Belgian politicians and Euroclear top managers over frozen assets for Ukraine

Russian intelligence organized a campaign to intimidate Belgian politicians and Euroclear top managers to block the use of frozen Russian assets for the benefit of Ukraine. The attack targeted key Euroclear officials, where most of Russia's frozen assets are held.

Economy • December 18, 12:06 AM • 9859 views
US does not support confiscation of Russian assets in Europe

The US does not support EU initiatives to confiscate Russian sovereign assets, warning of possible consequences. They consider frozen assets a flexible leverage in future negotiations.

Economy • December 17, 11:16 PM • 9332 views
The Danube Commission decided to create a Register of Damages from Russian Aggression on the Lower Danube

The Danube Commission has decided to create a Register of Damages from Russian aggression on the Lower Danube. This will ensure systematic collection of data on the damages caused and their transfer to the Council of Europe and the EU for compensation.

War in Ukraine • December 17, 05:52 PM • 6855 views
The EU must use frozen Russian assets to pressure Putin - Merz

German Chancellor Friedrich Merz emphasized the importance of the EU's plan to use frozen Russian assets to finance Ukraine's defense. This will increase pressure on Putin and accelerate the end of the war, despite some countries' fears of possible reprisals.

Politics • December 17, 04:29 PM • 4457 views
Serbia refuses to participate in the EU-Western Balkans summit

Serbian President Aleksandar Vučić stated that his country will not participate in the meeting of EU leaders with their counterparts from the Western Balkans. This is Vučić's personal decision, who claims to be protecting the interests of Serbia, which has made little progress in its bid to join the EU.

News of the World • December 17, 03:35 PM • 4251 views
Belgium proposes joint EU debt to support Ukraine as an alternative to confiscating Russian assets

Belgium has appealed to the EU with a proposal to activate an emergency provision for issuing joint debt to finance Ukraine's war efforts.

Economy • December 17, 03:31 PM • 3706 views
Putin called European leaders "piglets" and stated that Russia would achieve its military goals by force or diplomatically

Vladimir Putin stated that Russia would achieve its military goals in Ukraine by force or diplomatically, calling European leaders "piglets. " He accused the previous US administration of provoking the conflict and threatened to liberate "historical lands" on the battlefield.

War in Ukraine • December 17, 02:39 PM • 4752 views
Orban conveyed the Kremlin's threats to EU leaders regarding possible financing of Ukraine using frozen Russian assets

Orban announced that Moscow was preparing a "harsh response" to the EU's decision on the use of frozen Russian assets. He stated that he had personal communication with Vladimir Putin.

Economy • December 17, 01:55 PM • 8638 views