Browsing: Euro

Tapping Russian assets frozen in the EU will bring harm to the single currency, the head of the Bank of Italy has warned

A majority of Czechs are skeptical about transitioning to the euro, believing that adopting the single currency would carry inflationary risks and would not benefit the country, the media outlet iRozhlas reported this week, citing the latest poll.  

The annual rate of inflation in the eurozone rose to 2.9 percent in December mainly due to energy costs, the EU’s statistics agency said Friday.

The Purchasing Managers’ Index has been in decline for seven consecutive months

Most analysts polled by the newspaper believe the single currency bloc is already in a recession

The piece, which commemorates the 25th anniversary of the currency, was written by European Commission president Ursula von der Leyen

Jacques Delors headed the European Commission from 1985 to 1995 and served as France’s finance minister

The euro was last down 0.5% at $1.0742, having traded around $1.07715 ahead of the payrolls numbers, near its lowest…

In the meantime, the dollar moved up by 0.58% to 91.46 rubles MOSCOW, December 5. /TASS/. The euro exchange rate…

Using the funds could jeopardize the euro’s reputation, the bank’s vice president has said The EU should not use frozen…