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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
Zelenskyy to those in the EU who are "delaying" with Russian assets for Ukraine: the proposed mechanism is completely legal, it's time to act

President Zelenskyy appealed to European leaders to make a decision on frozen Russian assets as soon as possible. He emphasized that the proposed mechanism is legal and fair, and the funds can be used to purchase weapons and strengthen Ukraine's defense.

Politics • October 23, 12:52 PM • 3659 views
Zelenskyy proposed to European partners to change the order of obtaining Patriot systems: what it is about

President of Ukraine Volodymyr Zelenskyy proposed to European partners to change the order of obtaining Patriot systems. Kyiv is ready to return or replace them when it is Ukraine's turn, if it receives them now.

Politics • October 23, 12:29 PM • 3464 views
The group of companies remains the largest taxpayer in the industry

The FAVBET group of companies paid UAH 6. 4 billion in taxes and fees for the first nine months of 2025, which is 25% more than for the same period in 2024. The company remains the largest taxpayer in the industry, despite market challenges and the growth of the illegal segment.

Business News • October 23, 12:19 PM • 16773 views
Sanctions against crypto platforms used by Russia to circumvent restrictions applied for the first time: Zelenskyy on the 19th EU sanctions package

Ukrainian President Volodymyr Zelenskyy thanked the EU for adopting the 19th package of sanctions against Russia, which covered the oil and gas sector, the shadow fleet, and the defense-industrial complex.

Politics • October 23, 09:44 AM • 5474 views
EU reveals details of 19th sanctions package: almost 120 vessels and 44 companies under restrictionsPhoto

The Official Journal of the EU has published the content of the 19th sanctions package, adopted on October 23. The restrictions apply to 116 vessels of the "shadow fleet" and 44 legal entities from various countries, including Russia, Hong Kong, China, India, and Thailand.

Economy • October 23, 09:18 AM • 3427 views
Today, the EU will approve funding for Ukraine for 2026-2027 - Costa

The European Council is preparing a decision on financing Ukraine's needs in 2026-2027, including the procurement of military equipment. European Council President António Costa stated that support would continue "as long as it takes," and President Volodymyr Zelenskyy emphasized the need to increase pressure on Putin.

Politics • October 23, 08:21 AM • 3382 views
EU adopts 19th package of sanctions against Russia: what it entails

The European Union has adopted its 19th package of sanctions, targeting Russian banks, cryptocurrency exchanges, and organizations in India and China. The EU is also restricting the movement of Russian diplomats to counter destabilization.

Politics • October 23, 06:36 AM • 14478 views
Oil prices rose by 3% after US sanctions against Rosneft and Lukoil

Brent and WTI crude futures jumped 3% after the US imposed sanctions on Rosneft and Lukoil, forcing Indian buyers to reconsider purchases. This caused oil prices to rise, but experts doubt a long-term structural shift in the market.

Economy • October 23, 05:39 AM • 3809 views
Ukraine received over 46 million euros from the EIB for urban infrastructure development

Ukraine received 46. 1 million euros in loan funds from the European Investment Bank for four projects to support urban development. The funds were transferred to the special fund of the state budget and are intended for the reconstruction of water supply, sewerage, energy efficiency, and the purchase of public transport.

Economy • October 23, 01:52 AM • 6948 views
Serbia will not be able to become an EU member if it refuses to support sanctions against Russia

The European Parliament adopted a resolution stating that Serbia will not be able to join the European Union without supporting sanctions against Russia. The document also condemns anti-European propaganda in Serbia and calls for free elections.

Politics • October 22, 11:08 PM • 4544 views
Tonight or tomorrow morning: US announces push on sanctions against RussiaVideo

US Treasury Secretary Scott Bessent announced a significant push on sanctions against Russia, expected tonight or tomorrow morning. This comes as the US lifts its ban on Ukraine using Western missiles to strike Russian territory and the EU approves its 19th package of sanctions.

Politics • October 22, 08:02 PM • 4925 views
EU approves 19th package of sanctions against Russia

The European Union approved the 19th package of sanctions against Russia on October 22, Rikard Jozwiak reported. The package includes a ban on imports of Russian liquefied natural gas from 2027 and targets Russian banks, lenders in Central Asia, cryptocurrency exchanges, as well as two Chinese refineries and a trading company.

Politics • October 22, 07:25 PM • 29259 views
EU to sanction two Chinese refineries and a trader for helping Russia circumvent restrictions – Reuters

The European Union is preparing its 19th package of sanctions against Russia, for the first time including two independent Chinese oil refineries and one trading company. These entities are involved in circumventing Western restrictions, increasing pressure on Beijing.

Politics • October 22, 05:55 PM • 4794 views
100 billion euros of reparations credit will go to military needs and another 40 billion to the budget: Ukraine's representative to the IMF announced expectations

Of the EU's 185 billion euro reparations credit, 40 billion will cover Ukraine's budget needs, 100 billion will go to military needs, and 45 billion euros will cover the ERA program. The European Commission is working on the implementation mechanism, and the instrument is expected to become available in the first quarter of 2026.

Economy • October 22, 05:52 PM • 3295 views
How Europe will use frozen Russian assets to support Ukraine: Media outlines options

European leaders are considering using frozen Russian assets to provide loans to Ukraine that may not be repaid. This move is a response to the cessation of financial support from the US and Kyiv's growing needs.

War in Ukraine • October 22, 05:43 PM • 3892 views
Lithuania terminated agreement with Russia on mutual travel of citizens

Lithuania denounced the agreement with Russia on mutual travel of citizens, concluded in 2002, due to Russia's aggression against Ukraine and the irrelevance of the agreement. Its operation was suspended after Russia's full-scale invasion of Ukraine in 2022.

News of the World • October 22, 03:06 PM • 3698 views
Austrian Chancellor Christian Stocker to undergo back surgery – will work from home temporarily – Media

Austrian Chancellor Christian Stocker will undergo scheduled back surgery next week due to persistent pain. After the operation, the 65-year-old politician will perform his duties remotely.

Politics • October 22, 02:11 PM • 3457 views
Slovakia lifts veto: EU summit expected to approve 19th package of sanctions against Russia

The European Union is preparing to approve the 19th package of sanctions against Russia, which includes a ban on imports of Russian liquefied natural gas from 2027. The package also targets Russian banks, lenders in Central Asia, and cryptocurrency exchanges, expanding trade restrictions and blacklisting oil tankers.

Politics • October 22, 01:10 PM • 14122 views
Zelenskyy expected at EU summit to discuss support for Ukraine and pressure on Russia: detailsVideo

President Volodymyr Zelenskyy is expected to attend a meeting of the European Council, where further support for Ukraine and pressure on Russia will be discussed. EU leaders will also consider financial assistance, including the use of frozen Russian assets.

Politics • October 22, 12:30 PM • 3048 views
Norway allocates about $150 million to Ukraine: what the funds will be used for

An additional 1. 5 billion Norwegian kroner (about $150 million) will be allocated for electricity and heating. The funds come through the EU Investment Framework for Ukraine.

Economy • October 22, 11:30 AM • 4195 views
European Parliament approves start of negotiations on ban on import of Russian gas and oil

The European Parliament supported the start of negotiations with the EU Council on a ban on the import of Russian gas and oil. This decision is aimed at protecting the EU's interests from Russia's use of energy resources for military purposes.

Politics • October 22, 10:22 AM • 3372 views
Fico announced attempts to disrupt the Trump-Putin meeting in Budapest

Slovak Prime Minister Robert Fico announced evidence of attempts to disrupt a meeting between US and Russian representatives in Budapest. He called for an unhindered Trump-Putin summit with EU support.

Politics • October 22, 07:37 AM • 3593 views
Russia feels no pressure to prolong the war, and words about diplomacy mean nothing: Zelenskyy on the October 22 attack

Ukrainian President Volodymyr Zelenskyy stated that Russia's night attack indicates insufficient pressure on Russia. He called for a strong sanctions package from the EU, the US, and the G7, as well as coordinated diplomacy.

Society • October 22, 06:37 AM • 4074 views
Cyprus plans to cut red tape during its EU Council presidency

Cyprus will focus on cutting red tape during its EU Council presidency, which begins on January 1, 2026. The country aims to foster a more business-friendly environment, enhancing the EU's competitiveness and resilience.

Economy • October 21, 06:39 PM • 2803 views
Trump-Putin meeting in Budapest fell through: Moscow wanted too much – Reuters

The summit between the US and Russian presidents in Hungary has been postponed, as Moscow refused to consider terms for an immediate ceasefire in Ukraine. The American side concluded that there was no chance of a real agreement in Budapest.

Politics • October 21, 05:57 PM • 5156 views
Europe and Ukraine prepare 12-point plan to end war – Bloomberg

European countries, together with Ukraine, are developing a 12-point plan to end the war, which includes a cessation of hostilities, an exchange of prisoners, and the return of deported children. The implementation of the plan will be monitored by a peace council chaired by Donald Trump, and Ukraine will receive security guarantees and a path to the EU.

War in Ukraine • October 21, 05:01 PM • 35724 views
In Poland and Romania, Russian saboteurs were detained who planned a series of explosions and arsons in the EU via "Nova Poshta" (New Post)

Polish and Romanian law enforcement officers exposed Ukrainian citizens who worked for Russia and planned a series of sabotages in Europe, sending explosives via "Nova Poshta" (New Post).

News of the World • October 21, 12:52 PM • 3315 views
Hungary to hold next parliamentary elections under state of emergency

The Hungarian parliament extended the state of emergency for 180 days, until May 14, ensuring that the upcoming elections will be held under a special legal regime. This grants Prime Minister Viktor Orbán broad powers, while his Fidesz party lags behind the opposition Tisza in polls.

Politics • October 21, 11:36 AM • 3913 views
"OLX tax": the Rada dispelled myths and clarified the meaning of the changes

Ukraine plans to introduce taxation of income from the sale of goods on digital platforms if the amount exceeds 2,000 euros per year. Bill No. 14025, which may come into force in 2026, provides that platforms will become tax agents.

Society • October 21, 10:36 AM • 4492 views
Allies seek to strengthen Ukraine amid Trump-Putin meeting, some in EU want to participate in summit - Politico

Ukraine's allies are seeking to strengthen its position ahead of Trump-Putin talks, fearing a bad deal. They are preparing a support package that includes funding, weapons, and new sanctions against Russia, and plan to involve Zelenskyy in any negotiations.

Politics • October 21, 08:55 AM • 20828 views