Euro

How the euro emerged out of Europe’s quest for greater integration explained

As the world celebrated the arrival of 2024, it marked the completion of 25 years since the introduction of the…

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The US dollar hits a five-month low against the euro

The US dollar reached a five-month low against the euro and a basket of currencies, driven by expectations that the…

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Report: ECB initiates two-year preparation phase for digital euro

The European Central Bank (ECB) is taking significant strides towards the introduction of a digital version of the euro, with…

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Amid surging US yields, Euro faces pressure as parity concerns resurface

Bloomberg has recently brought attention to the resurfacing concerns within the financial market discussions regarding the euro potentially returning to…

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The International Monetary Fund revises its growth projections downward for both China and the euro area

The International Monetary Fund (IMF) has made downward revisions to its growth projections for both China and the euro area…

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Euro rate for drug prices increases by 25% in Turkey

According to the country’s Official Gazette, Turkey increased the euro-lira exchange rate for 2022 pharmaceutical prices by 25% from the…

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Economic Recession: Euro steady after two-decade low, oil prices rebound!

With the euro holding steady after falling to a two-decade low and oil back above $100 a barrel after an…

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Europe becomes a cocaine hub, as multi-million euro market emerges, says EU

In addition to being a key consuming market, Europe is increasingly becoming a hub for cocaine manufacture and transshipment to…

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Spanish truckers strike against government aid package

Spanish truck drivers have rejected a 1 billion Euro support package that aims at defusing a 12-day strike over gasoline…

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In 19 euro-zone nations, growth decelerates by the end of 2021

The European economy slowed substantially at the end of last year, as an increase in COVID-19 cases caused by the…

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European Commission welcomes the Bulgarian and Croatian currencies into Euro

The Euro commission,in a welcome gesture included the Bulgarian Lev and Croatian Kuna in the the Exchange Rate Mechanism II…

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Forex: Indian rupee gains against US Dollar

In the forex market, the Indian Rupee gained against the US Dollar. The rupee gained by 21 paise to close…

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