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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
Increased military spending could threaten EU economic stability - Danish Economy Minister

Danish Economy Minister Stephanie Lose warned that a massive increase in military spending in the EU could pose a serious risk to the bloc's financial stability. This applies to countries that do not control the reduction of budget deficits and public debt.

Economy • July 7, 02:18 PM • 1910 views
Apple appeals EU's €500 million fine for Big Tech rule violation

Apple has appealed the European Commission's decision to fine it 500 million euros for violating competition rules. Apple believes that the Commission's demands exceed the limits of the law and impose confusing conditions for developers.

News of the World • July 7, 11:01 AM • 1747 views
Europe chooses between its own defense and dependence on the US - The New York Times

European countries plan to double military investments to develop their own defense industry. They face the problem of lacking quality alternatives to American weaponry, such as the F-35 and Patriot systems.

Politics • July 7, 06:09 AM • 1619 views
EU to propose sanctions against Israel next week over actions in Gaza

The EU diplomatic service will present member states next week with options for action against Israel in response to human rights violations in the Gaza Strip. Restrictions could include suspending the agreement, sanctions against ministers and military personnel, trade measures, an arms embargo, or suspending scientific cooperation.

News of the World • July 5, 05:12 PM • 2587 views
EU wants to create rare earth reserves - FT

The European Union plans to create emergency reserves of critical minerals, including rare earth metals, and cable repair kits. This decision was made amid growing concerns about the EU's vulnerability to attacks and hybrid threats.

News of the World • July 5, 09:31 AM • 2162 views
Moldova's future in the EU depends on citizens' choice in autumn elections - Sandu

Moldovan President Maia Sandu stated that the country's future in the EU depends on Moldovans ahead of the September parliamentary elections. The EU has allocated the first tranche of 270 million euros for Moldova.

Politics • July 5, 02:05 AM • 2501 views
Trump threatens 17% tariff on food and agricultural exports from Europe

The United States of America is considering imposing 17% tariffs on agricultural exports from the European Union. European officials are trying to negotiate exemptions for certain goods, including aircraft parts and alcohol.

Economy • July 5, 01:34 AM • 2299 views
Slovakia blocks EU sanctions against Russia for the second time: demand remains unchanged

Slovakia has blocked the 18th package of EU sanctions against Russia for the second time, demanding guarantees from the European Commission regarding the RePowerEU initiative. This initiative envisages abandoning Russian gas by 2028, which, according to Slovakia, will have negative economic consequences.

Politics • July 5, 12:32 AM • 1941 views
Moldova-EU Summit Condemns Russia's War Against Ukraine and Hybrid Attacks

The European Union and Moldova signed a declaration condemning Russia's military aggression against Ukraine and hybrid attacks. The document also demands the immediate withdrawal of Russian troops from Transnistria.

Politics • July 4, 10:39 PM • 1944 views
In Slovenia, the parliament put the advisability of increasing defense spending to a referendum

The Slovenian parliament approved a referendum on increasing defense spending to 3% of GDP by 2030, which could hinder government plans. The opposition and two coalition parties supported the initiative, which is consultative in nature.

Politics • July 4, 06:57 PM • 2251 views
New terms of trade between Ukraine and the EU: the Ministry of Economy stated there would be no losses

Ukraine will not suffer losses from the new terms of trade with the EU, despite the National Bank's assessment of possible export losses. An agreement has been reached to revise the free trade area, which provides for an increase in quotas for a number of goods and the liberalization of some positions.

Economy • July 4, 05:18 PM • 1669 views
Orban "saw" "Ukrainian special services" in Hungary, which allegedly were to influence the parliamentary elections

Hungarian Prime Minister Viktor Orban accused Kyiv of attempting to influence the upcoming 2026 parliamentary elections. According to him, Ukrainian special services are operating in Hungary with the aim of bringing a pro-Ukrainian government to power.

Politics • July 4, 01:26 PM • 1659 views
Today, the 18th package of sanctions against the Russian Federation will be considered, but "white smoke" is not expected yet - Radio Liberty

Today, European Union ambassadors will consider the 18th package of sanctions against Russia. Journalist Rikard Jozwiak notes that there will be no "white smoke" (decision) today.

Politics • July 4, 12:27 PM • 1072 views
Ukraine to establish its own weapons production facilities in Denmark: a significant agreement signed

Ukraine and Denmark have signed an agreement on the establishment of Ukrainian defense production facilities in Denmark. Denmark has become the first country to which Ukraine exports its own defense technologies for production and supply to the Ukrainian army.

News of the World • July 4, 12:12 PM • 1471 views
EU housing prices rose by almost 6% over the year, while rental costs increased by 3.2%

In the first quarter of 2025, housing prices in the European Union increased by 5. 7%, and rental prices by 3.2% compared to the same period in 2024. Since 2010, housing prices in the EU have risen by 57.9%, and rental prices by 27.8%.

Economy • July 4, 11:48 AM • 2202 views
Trump spoke with Macron about Ukraine on the day of his call with Putin

French President Emmanuel Macron held a telephone conversation with US President Donald Trump, discussing the situation in Ukraine. This happened on the same day that Trump spoke with Vladimir Putin.

Politics • July 4, 10:27 AM • 1633 views
MHP switches to a partnership model with agricultural producers: what does this mean for the market and farmers

Agroholding MHP is switching to a partnership model of cooperation with agricultural producers, offering support in product certification.

Business News • July 4, 09:35 AM • 9731 views
Forest fires in Turkey claimed two lives, there are claims of arson

Forest fires in Turkey claimed two lives, one of whom was an excavator operator fighting the blaze. A little-known group, "Children of Fire," claiming ties to Kurdish militants, has taken responsibility for dozens of arsons.

News of the World • July 4, 06:43 AM • 1799 views
Ryanair to increase free baggage size: details

Ryanair is increasing the maximum dimensions of under-seat carry-on baggage from 40×25×20 cm to 40×30×20 cm, which increases the bag's volume from 20 to 24 liters. These changes will be implemented in the coming weeks and will exceed the minimum dimensions recommended by the EU.

News of the World • July 4, 01:13 AM • 3778 views
China told the EU it would not allow Russia to be defeated in the war against Ukraine

Chinese Foreign Minister Wang Yi stated that Beijing cannot allow Russia to be defeated in the war against Ukraine. He explained this by fears that the US would then fully shift its attention to China.

Politics • July 3, 10:49 PM • 4095 views
The EU may adopt the 18th package of sanctions against Russia in the near future

The European Union may soon adopt the 18th package of sanctions against Russia. Slovakia has received guarantees from the European Commission regarding a gradual phase-out of Russian energy carriers by 2027, which removes obstacles to the approval of new restrictions.

Politics • July 3, 08:16 PM • 2838 views
Trump to personally decide fate of customs negotiations after July 9

US President Donald Trump will personally decide on extending the term of customs negotiations with trade partners after July 9. US Treasury Secretary Scott Bessent stated that Trump will determine whether partners are negotiating in good faith.

Economy • July 3, 06:52 PM • 2284 views
Zelenskyy held a joint meeting with the Prime Minister of Denmark, the President of the European Council, and the President of the European Commission: the most important points

Ukrainian President Volodymyr Zelenskyy met with EU and Danish leaders, discussing Ukraine's accession to the EU, strengthening sanctions against Russia, and military aid. The parties emphasized the importance of pressure on the Russian Federation and the use of frozen Russian assets.

Politics • July 3, 06:52 PM • 2072 views
Zelenskyy: Russia is an anti-European project, and we must not let it win

Ukrainian President Volodymyr Zelenskyy called on European countries to increase pressure on Russia, calling it a deliberate anti-European project. He emphasized the need for tough sanctions, a cap on oil prices, and an end to dual-use goods supplies.

Politics • July 3, 06:11 PM • 1758 views
I hope that during Denmark's EU presidency, the negotiation cluster will be opened - Zelenskyy

Ukrainian President Volodymyr Zelenskyy expressed hope for the opening of the negotiation cluster regarding Ukraine's accession to the EU during Denmark's presidency of the European Council. He also emphasized the importance of maintaining the EU's strength.

Politics • July 3, 06:00 PM • 1698 views
Zelenskyy discussed with the King of Denmark patronage over affected regions of Ukraine and support for veterans

President of Ukraine Volodymyr Zelenskyy met with King Frederik X of Denmark. They discussed patronage over affected regions, cooperation in military medicine, and support for veterans. Zelenskyy also invited Danish companies to participate in prosthetics and rehabilitation projects.

Politics • July 3, 05:00 PM • 1371 views
Danish PM calls on Europe to show its strength in face of threats

Danish Prime Minister Mette Frederiksen stated that Europe lives in a world of predators and must actively defend democracy. Denmark, which has taken over the EU Council presidency, promises to strengthen the continent's security.

Politics • July 3, 03:46 PM • 1638 views
Denmark believes Hungary deserves to have its voting rights in the EU restricted - Politico

Denmark insists on applying Article 7 of the EU Treaty against Hungary due to violations of fundamental rights. Danish Minister for European Affairs Marie Bjerre in Aarhus mentioned Budapest's blocking of Ukraine's membership.

Politics • July 3, 03:44 PM • 2027 views
Ukraine to receive 1.5 million shells and 2 billion euros – von der Leyen

European Commission President Ursula von der Leyen announced the transfer of two million shells and 1. 5 billion euros to Ukraine. The aid is financed by Russian funds, which underscores the importance of the Save Safe program for investments in Ukraine's defense.

Politics • July 3, 03:19 PM • 1854 views
Danish PM: Arms supply to Ukraine is an investment in the security of all of Europe

European Commission President Ursula von der Leyen and Danish Prime Minister Mette Frederiksen stated the need for a strategic rethinking of the EU's defense policy. They emphasized that supporting Ukraine with weapons is an investment in the security of the European Union, and the Armed Forces of Ukraine are deterring a threat to Europe.

Politics • July 3, 02:54 PM • 1612 views