ECB Sets Timeline for Digital Euro, Eyes 2029 Launch
The European Central Bank (ECB) has confirmed that the introduction of a digital euro will proceed only once the necessary legislative framework is established by European institutions
The third summit of the Eastern Partnership begins is held in Vilnius, Lithuania on November 28 and 29, photo europeanpublicaffairs.eu
The third summit of the Eastern Partnership begins its work in Vilnius Thursday.
High representatives of member states of the European Union (EU) and six countries of the Eastern Partnership will attend the summit that will last until Friday November 29.
The big three from EU - German Chancellor Angela Merkel, British Prime Minister David Cameron and French President Francois Hollande are arriving in Vilnius Thursday. They are expected to act in full unison to counter Russia's attempts to divert ex-Soviet countries from forging closer ties with the EU.
The third Eastern Partnership will bring together heads of EU Member States and those of Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The summit will be chaired by the President of the European Council, Herman van Rompuy, who, together with the President of the European Commission, Jose Manuel Barroso, will represent the European Union.
Ukrainian President Viktor Yanukovich announced he will attend the summit, just days after his government shocked European leaders and many of its own citizens by suddenly suspending signing a landmark trade deal with the EU and an Association Agreement, which would have paved the way for EU membership.
The decision led to mass pro-EU protest rallies in the capital Kiev, and in other cities such as Odessa and Lvov.
"Kiev wants to settle disputes about the Association Agreement with the European Union by having negotiations involving all three parties - EU, Russia and Ukraine - before the Eastern Partnership Summit in Vilnius," according to statements, made by President Yanukovych during his interview with five Ukrainian TV channels Wednesday evening.
The leaders of the Ukrainian opposition parliamentary factions, Arseniy Yatseniuk (Batkivschyna), Vitali Klitschko (UDAR), and Oleh Tiahnybok (Svoboda), are going to attend the Eastern Partnership summit in Vilnius to voice the opposition's viewpoint on Ukraine's association with the EU, the Kiev Post reports.
The opposition has joined the protests in Kiev. Former heavyweight boxing champion, Vitali Klitschko, who chairs the opposition Ukrainian Democratic Alliance for Reform party (UDAR - Smash), has been particularly active and has urged pro-EU protesters to not give up
During the summit, the EU is expected to sign the framework agreement on Georgia's participation in EU crisis management missions, to initial the Association Agreements, including Deep and Comprehensive Free Trade Area (DCFTAs) with Georgia and Moldova, to sign a visa facilitation agreement with Azerbaijan and to initial an aviation agreement (Common Aviation Area, CAA) with Ukraine.
Recent data from the Tax Foundation reveal a widening gap in Europe between East and West when it comes to tax rates for top earners in 2026.
The eurozone closed 2025 with a strong trade surplus, though slightly lower than the previous year. Preliminary figures from Eurostat show that in December 2025,
German Chancellor Friedrich Merz used his opening address at the Munich Security Conference to deliver one of the bleakest assessments yet of the global environment, declaring that the international order that shaped the postwar era has effectively collap
Romania aims to join the eurozone within three to four years, but recent economic data show the country has slipped into a technical recession.
The Kremlin has confirmed that the next round of peace talks aimed at ending the war in Ukraine will take place on February 17–18 in Geneva, Switzerland.
Switzerland is set to hold a nationwide referendum this summer on whether to cap its population at 10 million by 2050, an initiative spearheaded by the right-wing, anti-immigration Swiss People’s Party (SVP)
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace