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Economy

Fresh oil dollars won’t fix Venezuela’s economy, says former minister

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Economy

Too costly to mint? Germany says 'nein' to silver commemorative coins

The German finance ministry has halted the release of two silver coins after a surge in metal prices made minting them uneconomical. The decision marks a cautious pause in a decades-long tradition that celebrates German culture and innovation.

Economy

ECB hits pause button: Here’s why Lagarde isn’t rushing things

The European Central Bank kept rates unchanged as inflation hit its 2% target. Lagarde urged patience, citing global risks and reaffirming a data-driven approach.

Markets

Euro heads to 4-year highs: Could it reach 1.20 or higher?

The single currency has rallied 13% this year, buoyed by eurozone fiscal policy shifts, political uncertainty in the US, and changing market dynamics.

Markets

The dollar sees a rebound after US strikes Iran, but can it continue?

The greenback may rise further if Iran decides to block the Strait of Hormuz, while the value of safe-haven alternatives like the euro and the yen are predicted to slide.

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Markets

Gloomy trading in the European markets as oil keeps climbing

Shares slide and crude oil prices bounce higher as Israel warns people in Iran's capital to evacuate.

Economy

Bulgaria to adopt the euro as ECB and EU Commission give green light

Bulgaria will be the 21st nation to join the eurozone, with adoption planned at the start of 2026.

Europe News

Thousands protest in Bulgaria to maintain national currency

Bulgaria's new government, which was formed last month, has made eurozone membership a key priority. Opposition parties want a referendum to be held.

Economy

Is Trump’s agenda weakening the dollar and shifting power to the euro?

Controversial policies from the Trump administration are pushing investors to flee US assets. But another currency will struggle to take the dollar’s throne.

Europe News

Burying money has cost Portugal millions of euros in the last decade

Citizens hide money in case of emergency situations. In 2024, authorities recovered a record €1.7 million in banknotes that were not fit for circulation.

Economy

Euro falls as eurozone inflation sees downward revisions in February

Eurozone inflation eased to 2.3% in February, with core inflation at 2.6%, its lowest since January 2022. France had the lowest rate (0.9%), Hungary the highest (5.7%). The euro slipped ahead of Wednesday’s Fed meeting.

Markets

The DAX and euro rise ahead of Germany’s historic debt reform vote

Germany is expected to pass a major spending bill on defence and infrastructure, allowing the country to unleash hundreds of billions of euros into the economy. Both the euro and Germany’s stock markets may maintain their uptrends amid optimism about the fiscal reform.

Markets

Euro-dollar parity: Could the euro slip below the greenback in 2025?

The euro, near its weakest level in two years, faces mounting risks from Trump’s tariff plans, diverging Fed-ECB policies, and geopolitical uncertainty. Analysts warn parity with the dollar could return by early 2025.

Economy

BoE delivers 'dovish hold' as growth stalls, trade risks rise

The Bank of England maintained its key interest rate at 4.75% in a 6–3 split vote, as inflation pressures persist and growth falters. Inflation rose to 2.6% in November, but growth is now forecast at 0% for the fourth quarter. Markets interpreted the decision as dovish.

Markets

Euro tumbles to a one-year low as US releases inflation figures

The euro further declined against the US dollar following the release of US inflation data on Wednesday. Analysts expect that the euro may continue to face downward pressure against the dollar, even if enthusiasm over Trump's policies subsides.

Markets

How might the euro react if Trump wins the US presidential election?

A Trump victory could bring sweeping US tariffs, including a 10% levy on EU imports and a hefty 60% on Chinese goods. Analysts warn this protectionist stance could strengthen the dollar while pressuring the euro, pushing the ECB to consider lower rates to support negative effects on growth.

World

Asian shares rise and yen dips as Japan's ruling party loses majority

Asian shares rose on Monday, as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower house in weekend elections.