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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
ICU risks losing its license and facing sanctions for blocking Ukrainian investors and systematic cooperation with the Russian Federation

The Ukrainian financial group ICU may face sanctions and loss of licenses due to cooperation with Russian state-owned businesses, in particular VTB, and aggressive behavior in the debt restructuring market. The company bought LPN debt securities of "Alfa-Bank" and blocked restructuring, and also had ties with Burger King Russia.

Economy • July 19, 01:12 PM • 9832 views
Ukrainian Embassy refutes fake news about Bodnar's "16-second" speech in Poland at the commemoration of the victims of the Volyn tragedyVideo

The Embassy of Ukraine in Poland has refuted the distortion of Ambassador Vasyl Bodnar's speech at the ceremony commemorating the victims of the Volyn tragedy. The video circulating on social media is fake and taken out of context.

Politics • July 19, 12:27 PM • 4653 views
Zelenskyy discussed with Sybiha the appointment of new ambassadors and announced a meeting

President Zelenskyy received a report from Deputy Minister of Foreign Affairs Andriy Sybiha on new sanctions against Russia and agreements with the USA. The situation at the Russia-Georgia border regarding Ukrainian citizens and the appointment of new ambassadors were also discussed.

Politics • July 19, 11:24 AM • 15351 views
The West has 18 months left to prepare for a potential war with China and Russia

The Commander-in-Chief of NATO's European forces, Alexus Hrynkevych, stated that the US and the EU have 18 months to prepare for a possible large-scale military conflict with China and Russia. There is a risk of coordinated aggression, which could lead to a simultaneous attack on Taiwan and NATO countries.

Politics • July 19, 03:04 AM • 6898 views
Ukraine expressed solidarity with allies in response to Russian cyberattacks

Minister of Foreign Affairs Andriy Sybiha declared Ukraine's full solidarity with the EU, Great Britain, and other partners who have been subjected to Russia's hybrid campaigns. Ukraine is ready to share its experience in countering cyber threats to strengthen collective security.

Politics • July 19, 01:45 AM • 6357 views
Greek tankers to continue transporting Russian oil despite new EU sanctions - Reuters

Greek shipping companies transporting Russian oil are likely to continue deliveries despite a new EU sanctions package. They will adhere to the established price cap, ensuring about 20% of trade.

Economy • July 18, 09:28 PM • 6684 views
Trump hinted at future "great" trade deals

US President Donald Trump hinted at future "great" trade deals that may be announced soon. He also noted that the US is imposing 30% tariffs on goods from the EU and Mexico starting August 1.

Economy • July 18, 08:09 PM • 5718 views
Trump insists on duties up to 20% in trade deal with EU - media

Donald Trump has toughened his demands on the EU, insisting on a minimum duty of 15-20% in a trade agreement. The US is considering reciprocal duties over 10% and threatens 30% tariffs on imports from the EU and Mexico starting August 1.

Economy • July 18, 07:37 PM • 3759 views
Kachka: Blocking Ukraine's EU accession is not a problem, but part of a systemic process

Vice Prime Minister Taras Kachka stated that blocking Ukraine's accession to the EU is a traditional situation for candidate countries. Ukraine's task is to reach a consensus so that all 27 member states are at least not against accession.

Politics • July 18, 06:54 PM • 8784 views
Merz questions Ukraine's EU accession by 2034

German Chancellor Friedrich Merz expressed doubt about Ukraine's accession to the European Union by 2034. He noted that Ukraine's reconstruction after the war would be linked to its EU accession process, but this would take several years.

Politics • July 18, 05:43 PM • 8044 views
Kremlin nervous due to pressure on Russian media in Europe - intelligence

The Foreign Intelligence Service of Ukraine reports on the Kremlin's nervous reaction to the bans on Russian state media in Europe. The restrictions, imposed by a number of European countries, have dealt a blow to Russia's foreign propaganda system.

News of the World • July 18, 05:19 PM • 8026 views
Svyrydenko: the step Ukraine needs is sanctions from the US against Russia

Ukraine welcomes the 18th package of EU sanctions against Russia, but considers it insufficient. Prime Minister Yulia Svyrydenko emphasized the need to strengthen sanction policy, particularly from the US, to limit Russia's ability to continue the war.

Politics • July 18, 04:23 PM • 5546 views
France defends EU budget of 2 trillion euros amid skepticism from other countries

France supports the European Commission's proposal for an EU budget of almost 2 trillion euros for 2028–2034, citing threats from Russia. Germany, Austria, Finland, Sweden, and the Netherlands consider such expenditures excessive and demand a more frugal approach.

Economy • July 18, 03:27 PM • 7121 views
Exclusive
Algorithms that decide for us: are we ready for AI in banking?

Opinion column by financial expert Olena Sosedka.

Technologies • July 18, 02:59 PM • 115036 views
EU prepares 19th package of sanctions against Russia: details and goals

The European Union has begun work on the 19th package of sanctions against Russia after approving the 18th.

Politics • July 18, 02:06 PM • 7502 views
Gold gets more expensive, platinum reaches a decade-plus high

Gold prices rose 0. 4% to $3350.87 per ounce on Friday, while platinum reached its highest level since 2014. The US dollar weakened by 0.4%, and the EU approved the 18th package of sanctions against Russia.

Economy • July 18, 01:48 PM • 5657 views
Exclusive
Unable to compete with giants: the ban on marketing between pharmacies and manufacturers hit small drug producers

The ban on marketing agreements between pharmacies and drug manufacturers from March 1, 2025, negatively affects small manufacturers who have lost their promotion tools. This can also lead to market shadowization and job losses.

Economy • July 18, 01:33 PM • 98772 views
New entry rules: EU gives "green light" to launch border control system

The EU Council has approved the gradual launch of a new digital border management system (EES) over six months. The system will record the entries and exits of non-EU citizens, increasing control efficiency and reducing fraud.

Society • July 18, 11:59 AM • 71289 views
Air defense strength and winter preparations: Zelenskyy reveals details of conversation with Norwegian Prime Minister

Ukrainian President Volodymyr Zelenskyy discussed military aid and energy resilience with Norwegian Prime Minister Jonas Gahr Støre. The parties reached concrete agreements on preparing for the upcoming winter and accelerating sanctions pressure on Russia.

Politics • July 18, 11:57 AM • 5682 views
Duration of working life in the EU: leaders and outsiders of 2024Photo

The average duration of working life in the EU in 2024 is 37. 2 years, with notable differences between countries. The Netherlands, Sweden, and Denmark lead with indicators of over 42 years, while Romania, Italy, and Croatia have the lowest indicators.

Economy • July 18, 11:16 AM • 8321 views
Hungary found that Ukraine could receive 20% of the new EU budget

Hungary analyzed the European Commission's proposal for the EU budget for 2028-2034, stating that Ukraine could receive about 20% of the funds. Hungarian Minister for European Affairs János Bóka called this irrational.

Politics • July 18, 11:16 AM • 5496 views
Russia intensifies hybrid attacks on Europe's critical infrastructure - foreign intelligence

The number of Russia's hybrid attacks in Europe has sharply increased since 2022, with over 200 incidents recorded between 2014 and 2024. The main targets are energy, transport, and communications, and the attacks are aimed at weakening European unity.

Politics • July 18, 10:30 AM • 5393 views
Zelenskyy spoke with Macron for an hour: focus on strengthening air defense, agreement on new pilots for Mirage

The Presidents of Ukraine and France discussed Ukraine's defense needs, strengthening air defense, and training pilots for Mirages. France confirmed its readiness to accept additional pilots for training and is working on joint solutions for protection against Russian strikes.

Politics • July 18, 10:07 AM • 5234 views
Zelenskyy on the 18th EU sanctions package against Russia: Ukraine is preparing synchronization and new restrictions

President Zelenskyy announced the preparation of the synchronization of European sanctions and new decisions regarding sanctions in Ukraine. This is a response to the 18th EU sanctions package, which increases pressure on the Russian tanker fleet and limits the price of oil.

Politics • July 18, 08:42 AM • 7081 views
New oil price cap, de-SWIFTing, shadow fleet, Nord Stream and Chinese banks: what's in the new EU sanctions package against Russia

The EU has approved a new package of sanctions against Russia, which includes a revised price cap on Russian oil, disconnection of banks from SWIFT and restrictions on the shadow fleet. The sanctions also apply to Chinese banks and the export of drone technologies.

Economy • July 18, 08:28 AM • 122814 views
EU confirms approval of 18th package of sanctions against Russia: what are the new restrictions

The European Union has approved the 18th package of sanctions against Russia, covering the banking, energy, and military-industrial sectors. The package includes a new dynamic oil price cap, and Slovakia supported it after receiving guarantees regarding gas prices.

Politics • July 18, 06:51 AM • 7981 views
EU ambassadors approved new sanctions against Russia after Slovakia's promise to lift blockade - report

EU ambassadors approved the 18th package of sanctions against Russia. Slovakia, which previously blocked the sanctions, supported them after reaching agreements with the European Commission on gas prices.

Politics • July 18, 06:09 AM • 7550 views
China accused foreign intelligence services of stealing rare earth metals

China's Ministry of State Security accused foreign intelligence services of fraudulently exporting strategically important rare earth metals. Attempts to smuggle them through postal shipments and disguise the materials in other goods have been detected.

News of the World • July 18, 04:28 AM • 6600 views
German politicians call for the party of "Putin's girlfriend" to be put under surveillance by special services

German politicians have called on the Federal Office for the Protection of the Constitution to put the far-left Sahra Wagenknecht Alliance party under surveillance. The reason for this was the party's actions, which include defending a pro-Russian propagandist and supporting an organization suspected of financing terrorism.

Politics • July 18, 01:34 AM • 73352 views
Slovakia will support the 18th package of sanctions against Russia tomorrow - Fico

Slovakia will allow the approval of the 18th package of EU sanctions against Russia on July 18. Prime Minister Robert Fico agreed with Ursula von der Leyen on guarantees regarding gas prices and its possible shortage.

Politics • July 17, 07:53 PM • 19960 views