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European Union - Latest news GMK Center

Photo – The global economy and economies’ of Ukrainian major partners in 2026
The global economy and economies’ of Ukrainian major partners in 2026

In the context of external challenges for Ukraine, internal factors are becoming critically important

Photo – Seasonal factors, not geopolitics: what is driving gas prices this winter
Seasonal factors, not geopolitics: what is driving gas prices this winter

The indicative price for our industry in January is UAH 20,000 per 1,000 cubic meters excluding VAT, but the premium may increase due to shelling

Photo – Deindustrialization in Ukraine and the EU
Deindustrialization in Ukraine and the EU

Ukraine and the European Union must become technological and raw material partners to overcome declining competitiveness

Photo – High electricity prices force EU steelmakers to cut production
High electricity prices force EU steelmakers to cut production

Electricity costs for industrial consumers in the EU are twice as high as in the US and 50% higher than in China

Photo – How the economy will develop in the world and in Ukraine’s largest partners in 2025
How the economy will develop in the world and in Ukraine’s largest partners in 2025

The EU economy – our country's main economic partner – will continue to show weak growth in the future

Photo – European countries granted €14.6 bln for decarbonization of the steel sector
European countries granted €14.6 bln for decarbonization of the steel sector

Tata Steel Ijmuiden project to be largest recipient of government aid

Photo – How European steel industry can survive the perfect storm
How European steel industry can survive the perfect storm

European stakeholders call for revival of industrial policy

Photo – How different countries around the world reacted to CBAM introduction in the EU
How different countries around the world reacted to CBAM introduction in the EU

Governments are trying to find the most beneficial actions to support exports

Photo – European electricity prices and their impact on the Ukrainian economy
European electricity prices and their impact on the Ukrainian economy

More than 90% of steel in the EU is produced in countries with cheaper electricity than Ukraine

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