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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 and Finland can hold a separate defense forum: Sybiha proposes to consider the possibility

Ukrainian Foreign Minister Andriy Sybiha discussed defense cooperation with the Association of Finnish Defense and Aerospace Industries. Ukraine invited Finnish companies to an international defense forum and expressed interest in Finland's experience in building shelters.

Economy • July 30, 06:45 PM • 8451 views
18 EU countries interested in loans worth 127 billion euros under the SAFE program

18 EU member states have expressed interest in receiving loans worth 127 billion euros under the SAFE defense instrument. The SAFE program will allow mobilizing up to 150 billion euros in investments, Ukraine expects investments in its defense.

Economy • July 30, 05:40 PM • 5386 views
New EU entry and exit system to start operating in October - EC decision

The European Commission announced that the new Entry/Exit System (EES) will become operational on October 12, 2025. It will gradually register data of third-country nationals, replacing passport stamps.

News of the World • July 30, 03:57 PM • 4270 views
Exclusive
Aviation is a Constant of the Ukrainian Dream: Roman Mileshko on the Challenges and Prospects of a Strategic Industry in Wartime

Ukrainian aviation today is fighting not only in the air but also for its existence as an industry.

Economy • July 30, 03:21 PM • 255292 views
Reuters: Ship suppliers refuse to cooperate with Rosneft's foreign asset - India's Nayara

The owners of three vessels chartered by India's Nayara Energy are asking to terminate their contracts. The decision is related to the impact of new EU sanctions targeting the Russian energy sector.

Economy • July 30, 11:27 AM • 20431 views
Massive use of prohibited chemical weapons by Russian invaders: 10,000 attacks already documented

The SBU has documented over 10,000 chemical attacks by the Russian Federation against Ukrainian defenders, using aerosol grenades with poisonous substances. International organizations confirm Russia's systematic use of chemical weapons.

War in Ukraine • July 30, 09:40 AM • 3312 views
On representative offices in the Czech Republic, the office of the European Public Law Organization, and the "Creative Europe" program: what laws Zelenskyy signed

President of Ukraine Volodymyr Zelenskyy signed a number of laws concerning the ratification of agreements. This includes agreements on the conditions for the placement of diplomatic missions of Ukraine and the Czech Republic, the establishment of an office of the European Public Law Organization in Ukraine, and Ukraine's participation in the "Creative Europe" program.

Politics • July 30, 08:26 AM • 3999 views
Aviation does not take off without support: world examples and a lesson for Ukraine

World experience shows that without state support, the aviation industry cannot function effectively, and investments in it create thousands of jobs.

Economy • July 30, 08:11 AM • 199061 views
European countries are set to borrow billions from the EU for weapons for Ukraine - Politico

Ukraine's leading allies in Europe plan to approach the EU for tens of billions of euros in loans for joint procurement of weapons for Ukraine and to strengthen their own defense. The SAFE program envisages loans for weapons, financed by EU debt with a 45-year repayment period.

Politics • July 30, 06:49 AM • 5149 views
French submarine manufacturer Naval Group targeted by cyberattack

French company Naval Group, a submarine manufacturer, reported a possible cyberattack on confidential data related to surface ships and submarines. Hackers published 30 GB of information, claiming to have 1 TB of data.

News of the World • July 29, 10:56 PM • 4514 views
Confusion and questions: White House and EC published conflicting versions of trade agreement - PoliticoPhoto

The White House and the European Commission published separate fact sheets regarding the trade agreement, which contain conflicting data. Key details of the agreement, including tariffs and exceptions, remain unclear, despite the intention to publish a joint statement by August 1.

Economy • July 29, 03:51 PM • 21947 views
At the KBU Business Club, the state of Ukraine's real estate market and innovative reconstruction technologies were discussed

The KBU Business Club is dedicated to practical cases, innovative solutions for rapid reconstruction, and analytics of the Ukrainian real estate market in the first half of 2025.

Business News • July 29, 03:04 PM • 8423 views
Nine EU countries joined the SAFE military lending program: who is hesitant

Nine countries have officially expressed interest in borrowing funds from the EU military procurement program SAFE by the deadline. Poland plans to request 25 billion euros, and Greece – at least 1.2 billion euros.

Economy • July 29, 02:30 PM • 5823 views
Zelenskyy spoke with Prime Minister of Denmark, which holds EU presidency: they agreed that Rada should vote on anti-corruption bill this week

President of Ukraine Volodymyr Zelenskyy held a conversation with Prime Minister of Denmark Mette Frederiksen, discussing Ukraine's European integration and the bill on anti-corruption bodies. The parties agreed on an urgent vote for the presidential bill in the Verkhovna Rada this week.

Politics • July 29, 01:35 PM • 5959 views
Bitcoin surpassed $119,000: what's next for the largest cryptocurrency?

On July 29, Bitcoin broke the $119,000 mark, trading sideways for most of July. Markets are awaiting the results of US trade negotiations with the EU and China by August 1.

Economy • July 29, 11:07 AM • 4091 views
Ministry of Energy on the state of the energy system: the system is stable, the main risk is massive Russian attacks

Ukraine's energy system is functioning stably, despite the destruction, thanks to the restoration of capacities. The main risk is massive attacks on infrastructure, for which preparations are underway.

Society • July 29, 08:52 AM • 4803 views
Gold trades near 3-week low

Spot gold was at $3311. 33 an ounce, hitting its lowest level since July 9. This comes amid easing concerns about a global trade war and a strengthening dollar, which reduced gold's appeal as a safe-haven asset.

Economy • July 29, 05:42 AM • 3403 views
Oil prices fall amid economic concerns and anticipation of Fed decision

Brent and WTI crude futures fell after the US-EU trade deal, which averted a full-scale trade war. The market awaits the US Federal Reserve's decision on interest rates and negotiations between the US and China.

Economy • July 29, 05:21 AM • 4427 views
"Dynamo" - "Hamrun Spartans": announcement of the Champions League qualification return matchPhotoVideo

Kyiv "Dynamo" will play the return match of the 2nd qualifying round of the Champions League against Maltese "Hamrun Spartans" on July 29 at 21:00 at the "Lublin Arena" stadium in Poland. In the first match, "Dynamo" won confidently with a score of 3:0.

Sports • July 29, 05:00 AM • 68510 views
German Chancellor Merz revealed serious problems for the German economy due to the tariff compromise with the USA

German Chancellor Friedrich Merz stated that the compromise in the tariff dispute with the administration of US President Donald Trump would significantly harm the German economy and lead to higher inflation. He thanked the European Commission for the negotiations, noting that it was the best possible outcome, although it cannot satisfy Germany.

Economy • July 28, 09:59 PM • 10790 views
The Russian government completely banned gasoline exports

The Russian government extended restrictions on gasoline exports until August 31 to direct producers of petroleum products. This decision was made "to stabilize the domestic fuel market during periods of high demand and agricultural work."

Economy • July 28, 08:24 PM • 5363 views
Only 36% of Europeans support democracy, the rest lean towards authoritarianism - Politico

A study by the "European Movement" showed that only a third of citizens in the largest EU countries consistently support democratic values. 64% of respondents do not rule out the advantages of authoritarian rule, yet almost half support the idea of European defense integration.

Society • July 28, 01:10 PM • 5868 views
EU claims retail giant Temu violates European rules: what's it about

The European Commission has accused the Chinese online marketplace Temu of violating EU rules due to insufficient measures to prevent the sale of illegal products. This could lead to a fine of up to 6% of the company's annual global turnover.

News of the World • July 28, 12:56 PM • 3179 views
EU welcomes signing of law on improving ARMA's work

EU Ambassador to Ukraine Katarina Maternova welcomed the signing of the law on strengthening ARMA's institutional capacity. This step is in line with commitments regarding the Ukraine Facility and paves the way for Ukraine to receive 600 million euros in aid from the EU.

Economy • July 28, 11:43 AM • 3547 views
Exclusive
Ukraine receiving gas from Azerbaijan via a new route: expert assessed the event and spoke about prospects

Ukraine has received Azerbaijani gas via the Trans-Balkan route for the first time, which is a positive step for supply diversification. Expert Volodymyr Omelchenko noted that the volumes are still small, but in the future they could reach billions of cubic meters, provided production in Azerbaijan increases.

Economy • July 28, 09:11 AM • 33108 views
US and China resume tariff talks, easing path to Trump-Xi meeting - Reuters

The US and China will resume talks in Stockholm on August 12 to try to resolve long-standing economic disputes and extend a tariff truce. Without a deal, global supply chains could face new shocks from a sharp increase in US tariffs.

News of the World • July 28, 07:14 AM • 3169 views
Oil prices rise amid strengthening trade optimism over US-EU deal

Brent and WTI crude futures rose after the US reached a trade agreement with the EU and may extend the tariff pause with China. This dispelled fears about the negative impact of tariffs on economic activity and fuel demand.

Economy • July 28, 05:30 AM • 5333 views
EU-US Trade Agreement: Merz Assesses the Deal

According to the German Chancellor, the trade agreement between the EU and the US helped avoid a conflict that could have harmed Germany's export-oriented economy. In particular, tariffs on cars will decrease from 27.5% to 15%, which is key for the German automotive industry.

Economy • July 28, 01:42 AM • 14667 views
EU-US Trade Agreement: Europe to replace Russian energy resources with American ones - von der Leyen

The European Union and the United States of America have signed a trade agreement. The EU plans to use American energy resources to achieve energy independence from Russia, replacing Russian gas and oil with purchases of American LNG, oil, and nuclear fuel.

Economy • July 27, 09:19 PM • 5701 views
"The largest of all ever concluded": US and EU sign trade agreement

The US and the EU have concluded a large-scale trade agreement, under which the EU will purchase $750 billion worth of energy carriers and invest $600 billion in the US. The EU will also open its countries to zero-tariff trade, including military equipment.

Economy • July 27, 06:40 PM • 5658 views