european union

Europe has long been associated with high living standards, robust social welfare, and economic stability. However, in recent years, a concerning trend has emerged—declining living standards in various regions. While the extent of the decline varies from country to country, several overarching...

US President Donald Trump has moved rapidly to implement his vision in protecting home economy by aggressive use of tariffs and pressing the EU to “re-shore” US industry. In early April, Trump declared a national trade emergency aimed at countries with big surpluses over the U.S., asserting that...

On April, 3 US President Donald Trump announced a start of a global trade war that will impact economic growth across the globe. European experts say that there will be a direct and indirect blow for the EU industry. So, higher custom tariffs on roughly 60 countries, dubbed the “worst...

On January 10, NATO and the European Union signed joint declaration. Lithuanian President Gitanas Nauseda welcomed it saying that it sends a strong message of transatlantic unity. The declaration, signed by NATO Secretary General Jens Stoltenberg, European Council President Charles Michel and...

A rift between the U.S. and the E.U. in the military sphere has become wider. On November 22 the U.S. formally withdrew from the open-sky treaty that accelerated European security. The 1992 treaty allows the 34 member countries to conduct short notice, unarmed, reconnaissance flights over the...