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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
US urges Ukraine and EU to ease sanctions on fertilizer imports from Belarus - Bloomberg

The US is asking Ukraine and the EU to ease sanctions on Belarusian potash to improve relations with Minsk. Lithuania is currently refusing to restore transit.

News of the World • May 20, 09:23 AM • 3843 views
Ukraine plans to increase GDP growth to 6% per year, labor productivity to 5%, and investment to 30% of GDP — SvyrydenkoPhoto

The government plans to increase GDP growth to 6% and labor productivity to 5% per year. They aim to increase the share of investment to 30% through the development of priority sectors.

Economy • May 20, 08:53 AM • 2784 views
Ukraine and Hungary have begun consultations, focusing on minority rights and EU accession negotiations - SybihaVideo

Ukraine and Hungary have started consultations regarding EU accession and minority rights. The first negotiation clusters are planned to be opened as early as May and June.

Politics • May 20, 07:58 AM • 3545 views
EU Commissioner welcomed the dialogue between Ukraine and Hungary regarding minorities and expects progress with negotiation clusters

Marta Kos welcomed the dialogue between Ukraine and Hungary regarding minority rights. The European Commission plans to open negotiation clusters for EU accession as early as this summer.

Politics • May 20, 06:55 AM • 3776 views
G7 promises to help Ukraine with financing, but reminds of the cancellation of VAT exemptions

The G7 is preparing new financing for Ukraine and demands reforms, including limiting VAT exemptions. Partners will also allocate funds for the repair of Chornobyl NPP facilities.

Economy • May 20, 06:33 AM • 17427 views
"Best possibility": Denmark moves toward forming a new right-leaning minority government

Troels Lund Poulsen proposes a coalition of three right-wing parties and a reduction in gasoline prices. For the minority government to function, it requires the support of other factions.

News of the World • May 19, 02:57 PM • 2702 views
International Fraud Scheme Organizer Exposed in Kryvyi Rih for Nearly 7 Million UAHVideo

A 38-year-old man established a fake company and sold non-existent metal to foreigners. The perpetrator misappropriated 7 million hryvnias and is currently in custody.

Crimes and emergencies • May 19, 02:30 PM • 2114 views
EU disappointed by US easing of oil sanctions against Russia

The EU criticizes the US decision to extend the waiver of sanctions on Russian oil. Valdis Dombrovskis called for increased pressure on Moscow instead of easing it.

Politics • May 19, 02:00 PM • 48024 views
Russia secretly trained military personnel in China, some of whom later went to the war in Ukraine - Reuters

About 200 Russian military personnel underwent secret training on drone usage at bases in China. Some of them have reportedly returned to fight against Ukraine at the front.

War in Ukraine • May 19, 01:57 PM • 16764 views
Zelenskyy revealed plans regarding Hungary and peace negotiations

The President updated foreign policy objectives for May-June. Zelenskyy defined tasks regarding the reboot of relations with Hungary and Georgia, the schedule for EU accession, and separately discussed non-public steps to end the war with the Russian Federation.

Politics • May 19, 10:17 AM • 16490 views
The Government is preparing a national emissions trading system for greenhouse gases

The Ministry of Economy has presented a draft law on the national emissions trading system. The mechanism will allow for the financing of industrial modernization.

Economy • May 19, 09:40 AM • 2873 views
President appointed Serhii Byzov as Chairman of the National Tripartite Social and Economic Council

The President appointed Serhii Byzov as Chairman of the NTSEC to strengthen social dialogue between the state, employers, and trade unions. The work of this council is one of the conditions for Ukraine's accession to the European Union.

Economy • May 19, 08:30 AM • 14736 views
Countries supporting Russia and Iran may lose EU aid – Kallas

Kaja Kallas announced a possible termination of aid to countries that support the Russian Federation or Iran. European companies may receive preferences in procurement.

News of the World • May 19, 05:38 AM • 3888 views
Britain's return to the EU: what London will have to give up - The Guardian

Great Britain will only be able to rejoin the EU on general terms without its former privileges. Brussels does not plan to restore British exceptionalism.

Politics • May 19, 04:31 AM • 13421 views
Magyar speaks of agreement with Costa regarding the rights of Hungarians in Ukraine

Péter Magyar discussed the rights of Hungarians in Zakarpattia with the President of the European Council. The parties have begun technical consultations to amend Ukrainian legislation.

Politics • May 19, 12:17 AM • 28056 views
EU to provide Ukraine with part of 90 billion only on condition of introducing a tax on parcels - Bloomberg

The European Union has linked the disbursement of aid to Ukraine with the introduction of a 20% VAT on foreign parcels. This requirement is necessary to receive funds from the EU and the IMF.

Economy • May 18, 11:06 PM • 23486 views
EU selects a single negotiator to end the war in Ukraine: candidates include Kallas, Merkel, and Draghi

The EU plans to appoint a special representative for peace negotiations between Ukraine and the Russian Federation. Kaja Kallas and Mario Draghi are considered among the main candidates.

Politics • May 18, 01:55 PM • 4289 views
Meloni calls on EU to loosen budget rules due to energy crisis

Meloni asks EU to exclude energy costs from budget deficit calculations. The reasons cited were the war in Ukraine and rising energy prices.

Economy • May 18, 10:34 AM • 2821 views
Ryanair warns of rising costs due to fuel prices and staff salaries

Ryanair expects fuel and salary costs to rise due to market volatility. The company plans to carry a record 216 million passengers over the year.

Economy • May 18, 07:29 AM • 3701 views
Sybiha and the new Hungarian Foreign Minister agreed on negotiations regarding the Hungarian minority

Andrii Sybiha and Anita Orbán discussed minority rights and Ukraine's accession to the EU. Expert consultations on these issues will begin as early as this week.

Politics • May 18, 06:38 AM • 4979 views
Under conditions of a "fragile peace," 56% of Ukrainian refugees will remain in Europe - UN

According to UN data, 56% of refugees will remain in Europe until 2029 in the event of a ceasefire involving concessions. In the event of a Ukrainian victory, this figure would drop to 32%.

Society • May 17, 07:00 PM • 11680 views
USA, China, and Russia are interested in a divided Europe - Kallas

Kallas urged EU countries to avoid bilateral agreements with the US to maintain unity. She stated that Washington, Beijing, and Moscow want to divide the bloc.

Politics • May 17, 02:29 PM • 4100 views
Sandu confirmed that the Kremlin could use the passportization of Transnistria for the war against Ukraine

Sandu believes that the Russian Federation simplified the issuance of passports in Transnistria to mobilize people for the war. Residents of the region are choosing Moldovan citizenship en masse.

Politics • May 16, 08:59 PM • 4955 views
Andris Kulbergs may lead the Latvian government following the drone scandal

The President of Latvia has nominated Andris Kulbergs for Prime Minister following Siliņa's resignation. The cause was disputes regarding the response to drone crashes in the country.

News of the World • May 16, 06:52 PM • 3691 views
Georgia refused to participate in the creation of a special tribunal for the Russian leadership

Tbilisi did not sign the agreement on the committee of the Special Tribunal for the crime of aggression against Ukraine. Georgia's Foreign Minister explained this by citing additional risks for the country.

Politics • May 16, 05:39 PM • 11420 views
Not the time for talks or negotiations: Estonian Foreign Minister emphasizes that Russia must be pressured with sanctions

Margus Tsahkna warned Europe against negotiations with the Russian Federation due to its vulnerable state and economic problems. The Minister calls for increased pressure and sanctions on the Kremlin.

Politics • May 16, 03:59 PM • 10012 views
China intensifies criticism of the EU over subsidy investigations. Brussels has responded

China has opposed the EU's subsidy investigations into the company Nuctech. Beijing called Brussels' actions illegal and prohibited companies from cooperating.

News of the World • May 16, 03:15 PM • 8249 views
"We are not the UN" - organizers defend Eurovision and prepare for new protests over Israel's participation

The EBU is preparing for protests during the Eurovision 2026 final in Vienna due to Israel's participation. The organizers will not hide potential booing of the artists.

Culture • May 16, 09:56 AM • 7129 views
Greek investigation states drone linked to Ukraine went off course due to malfunction

Investigators in Greece have determined that a sea drone carrying explosives went off course due to a malfunction. Athens believes the craft is Ukrainian, but Kyiv denies this.

News of the World • May 15, 09:35 PM • 15376 views
A Moscow court upheld the Central Bank of the Russian Federation's lawsuit against Belgium's Euroclear for $249 billion over frozen assets

A Moscow court granted the lawsuit of the Central Bank of the Russian Federation against Euroclear for $249 billion. The Belgian depository plans to appeal this decision.

Economy • May 15, 08:44 PM • 10372 views