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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
Vučić stated that Serbia will not impose sanctions against Russia

Serbian President Aleksandar Vučić stated that the country is not changing its foreign policy line and will not join the EU sanctions against Russia. He emphasized that Serbia pursues an independent policy that corresponds to the interests of its citizens.

Politics • July 27, 03:55 PM • 10072 views
Zelenskyy discussed the anti-corruption bodies bill with the President of the European Commission

President Zelenskyy and European Commission President von der Leyen discussed the anti-corruption bodies bill, which is to be adopted next week. Ukraine continues reforms to receive financial assistance and synchronizes sanctions against the Russian Federation.

Politics • July 27, 03:36 PM • 7762 views
Zelenskyy signed the law on ARMA reform

President of Ukraine Volodymyr Zelenskyy signed a law that initiates a large-scale reform of ARMA, which provides for changes in asset management and strengthening control. This step opens the way for Ukraine to receive 600 million euros in financial assistance from the EU.

Economy • July 27, 03:05 PM • 5171 views
Greece battles five major wildfires, evacuation underway near Athens

Greece is facing five large-scale wildfires that have engulfed several regions, including Attica, where an evacuation has been announced. Due to intense heat and wind, the flames are spreading rapidly, causing injuries to firefighters, destruction of property, and forest areas.

News of the World • July 27, 01:52 PM • 6105 views
New sanctions target over 90 companies extracting metals for Russian engines and UAVs - Zelenskyy

Ukraine has imposed sanctions against over 90 Russian companies that extract rare earth metals for the Russian military-industrial complex. Additionally, 18 packages of European sanctions have been synchronized, targeting the shadow tanker fleet and 53 individuals and legal entities.

Politics • July 27, 01:39 PM • 6477 views
Zelenskyy imposed sanctions against Russian companies working for the military-industrial complex

President Zelenskyy signed a decree on new personal sanctions against dozens of individuals and legal entities from Russia, China, Iran, and the UAE. The restrictions apply to companies involved in the extraction and processing of rare earth metals for drone production and the supply of military-purpose technologies to the Russian military-industrial complex.

Politics • July 27, 12:18 PM • 5291 views
Austria to reconsider neutrality due to Russia's actions: NATO membership becomes a subject of discussion

Emil Brix, Director of the Diplomatic Academy, proposed discussing Austria's accession to NATO. NEOS party leader Beate Meinl-Reisinger stated that neutrality no longer guarantees protection, advocating for open debates on the future of the country's security policy.

Politics • July 27, 11:35 AM • 6300 views
Western sanctions increase Kaliningrad's isolation, sea routes overloaded - SVR

Western sanctions after Russia's invasion of Ukraine are increasing the isolation of Kaliningrad, which has no land connection with Russia. This has led to overloaded sea routes and problems for small businesses in the region.

Society • July 27, 11:25 AM • 13333 views
EU cuts aid to Ukraine by €1.5 billion due to NABU and SAPO decisions - NYT

The European Union is cutting part of its aid to Ukraine by 1. 5 billion euros due to decisions that de facto eliminate the independence of NABU and SAPO. Aid of 50 billion euros can be restored provided reforms are carried out and corruption is fought.

Society • July 27, 10:29 AM • 11736 views
It's all up to Trump: Bloomberg on the future of the trade deal between the EU and the US

European Commission President Ursula von der Leyen will meet with US President Donald Trump in Scotland to conclude a trade deal before Friday's deadline. If no agreement is reached, 30% tariffs on EU exports to the US will come into effect.

Economy • July 27, 02:34 AM • 10332 views
Ukraine and Slovenia will jointly rebuild frontline regions - Kuleba

Ukraine and Slovenia have agreed on new projects in the areas of water supply, energy efficiency, and communal infrastructure for frontline regions. Slovenian companies will also participate in housing reconstruction, green energy development, and waste management.

Economy • July 27, 01:26 AM • 4284 views
Decided to stop another war: Trump called the leaders of Thailand and Cambodia

US President Donald Trump called the leaders of Thailand and Cambodia, urging them to cease hostilities that erupted at the beginning of the week, and warned about the absence of trade agreements. Both countries face economic challenges, including the threat of high US tariffs, and Thailand, which depends on exports, has not yet concluded agreements with the US.

News of the World • July 26, 04:35 PM • 6113 views
Multinational NATO exercises have started in Georgia: Georgian and American military equipment has been transferred to the Vaziani baseVideo

Georgian and American military equipment, including US armored vehicles and Georgian Didgori and Cobra, has been transferred from Senaki to Vaziani for the Agile Spirit 2025 exercises. The convoy passed along the Tbilisi-Senaki-Leselidze highway, welcomed by local residents.

News of the World • July 26, 04:19 PM • 4917 views
Qatar threatens Europe with LNG supply cuts: Media explains why

Qatar, the third largest LNG exporter, threatens to cut gas supplies to the EU in response to the Corporate Sustainability Due Diligence Directive. The country demands changes to the law concerning forced labor and environmental standards, and also objects to the requirement for climate transition plans.

News of the World • July 26, 02:47 PM • 5822 views
"Euphoria" on Wall Street raises "bubble" concerns - FT

Wall Street's relentless rise this summer has pushed stock valuations close to record levels, prompting warnings of "euphoric" markets entering "bubble" territory. The S&P 500 index has reached historic peaks, and the cost of borrowing for US corporations has approached its lowest level in decades.

Economy • July 26, 11:56 AM • 7378 views
In Russia's Stavropol, a drone attack on the Signal radio factory reportedVideo

In Russia's Stavropol, the Signal radio factory, which produces active jamming stations, was attacked. Local residents report a drone strike on the building of the enterprise, which is under international sanctions.

War in Ukraine • July 26, 08:14 AM • 5344 views
Orban made a new statement regarding Ukraine: strategic cooperation instead of EU membership

Hungarian Prime Minister Viktor Orban proposed "strategic" cooperation to Ukraine, believing that Ukraine's membership in the EU would allegedly transfer the war to Europe. He previously stated that he would block Ukraine's accession to the EU and threatened to block the EU budget of 100 billion euros for Ukraine.

Politics • July 26, 07:13 AM • 5170 views
Ukraine expects €12.5 billion in EU support amid reports of tranche reduction

The Ministry of Economy of Ukraine states that it has fulfilled its obligations to the EU, expecting €12. 5 billion in support for 2025. This comes amid a reduction in the next aid tranche due to reform delays, although Ukraine claims that 13 out of 16 necessary reforms have been completed.

Economy • July 26, 06:52 AM • 73897 views
Trump and von der Leyen to meet for potential tariff deal, but EU fears US president's modus operandi - Politico

European Commission President Ursula von der Leyen will meet with US President Donald Trump in Scotland to discuss a trade deal. European diplomats do not expect a quick agreement due to Trump's tendency for last-minute cancellations and the complexity of decision-making in the EU.

News of the World • July 26, 06:45 AM • 3371 views
European Parliament may consider abandoning Russian gas a year earlier - Reuters

The European Parliament is considering proposals to accelerate the EU's abandonment of Russian gas to January 2027, a year earlier than the European Commission's initial plan. Lawmakers propose obliging governments to impose sanctions on companies that violate the ban.

News of the World • July 25, 11:23 PM • 3758 views
Trump said the chances of a trade deal between the US and the EU are "50-50"

US President Donald Trump said the chances of reaching a trade deal with the European Union are "50-50, maybe even less. " He noted that for an agreement, Europe would have to lower its tariffs.

News of the World • July 25, 10:28 PM • 6817 views
From 2026, Moldova will join the EU's free roaming zone

The EU Council has decided to integrate Moldova into the "roam like at home" zone from January 1, 2026. This will allow citizens of Moldova and the EU to use mobile communications without additional costs in the respective countries.

News of the World • July 25, 08:32 PM • 5340 views
Bill on strengthening the powers of NABU and SAP: G7 reacted

G7 ambassadors welcome Ukrainian President Volodymyr Zelenskyy's commitment to quickly restore and ensure the independence of anti-corruption bodies. They expect the Verkhovna Rada to quickly adopt the law submitted by Zelenskyy, which is key for reforms and EU integration.

Politics • July 25, 07:28 PM • 4179 views
Serbia will support sanctions against Russia only before joining the EU - minister

Serbia has confirmed its support for Ukraine's territorial integrity and its European aspirations, but is not ready to join the EU sanctions against Russia. Minister Nemanja Starović explained this by economic consequences and the lack of security guarantees as a non-EU member.

Politics • July 25, 10:05 AM • 5091 views
Gold cheapens amid strengthening dollar and growing trade optimism

The price on the spot gold market decreased by 0. 5% to $3350.08 per ounce. The strengthening of the US dollar and optimism regarding trade negotiations between the US and the EU are putting pressure on gold prices.

Economy • July 25, 09:30 AM • 9462 views
Chinese EV manufacturer Zeekr plans European expansion

Chinese automaker Zeekr, part of the Geely group, plans to expand its operations in the EU despite the imposed tariffs. The company is preparing to enter the markets of Germany, Great Britain, France, Italy, and Spain within the next 12-24 months.

Economy • July 25, 07:50 AM • 3980 views
Zelenskyy instructs government officials to present the bill to all partners: Zelenskyy on the draft law to strengthen the powers of NABU and SAPO

President of Ukraine Volodymyr Zelenskyy instructed government officials to present the bill on strengthening the powers of NABU and SAPO to all partners and to engage expert capabilities. The bill provides for the return of old norms, mandatory polygraph for employees with access to state secrets, and a ban on travel abroad for NABU employees.

Politics • July 24, 06:43 PM • 3838 views
Zelenskyy proposed that Germany participate in the expert review of the draft law on the independence of anti-corruption bodies

President Zelenskyy held a conversation with German Chancellor Friedrich Merz, proposing that Germany participate in the expert review of the draft law on anti-corruption bodies. The situation at the front and the need to finance drone production were also discussed.

Politics • July 24, 04:08 PM • 4663 views
EU countries supported the introduction of 30% tariffs on goods from the USA in case of failure of negotiations with Trump

The European Commission has received support from EU member states for the introduction of 30% tariffs on goods from the USA if a trade agreement is not reached. The tariffs could affect goods worth 93 billion euros, but their introduction has been suspended until August 7 for negotiations.

Economy • July 24, 01:32 PM • 4581 views
Brussels warns 18 EU countries over delay in implementing sanctions legislation

The European Commission has sent warning letters to 18 EU member states for failing to notify the full implementation of the Directive on criminalizing the violation of EU restrictive measures. Countries have two months to respond and complete implementation.

Politics • July 24, 12:56 PM • 4570 views