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Economy

Croatia's big day: Balkan nation adopts euro and joins Schengen zone

Croatia has officially adopted the euro as its currency and entered the borderless Schengen zone

Economy

Locals wary as Hungary-Croatia border controls are removed

Residents in Hungary's border town of Letenye said that traffic through the town had already decreased with the construction of a motorway

Money

Only 3% of firms in Europe to boost salaries in line with inflation

Record levels of inflation have seen the cost of living rise across Europe.

Travel News

From next year you will be able to use euros in this European country

With Croatia set to adopt the euro next year, just a handful of EU countries now still use their own currencies

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Economy

Croatia leaps closer to euro with historic spending plans

Croatia is due to enter the Eurozone at the start of 2023.

Economy

Could a new euro coin help Serbia and Croatia value a shared history?

Both Balkan countries claim that the world-famous inventor is ethnically one of their own. But can Serbia and Croatia find common ground regarding Tesla's heritage after all?

Economy

Inflation has not peaked and risks rising even higher, says ECB head

Inflation in the 19 countries that use the euro hit a record 10.6% on a yearly basis last month.

Economy

Christine Lagarde warns of further ECB interest rate hikes

Christine Lagarde warns ECB may have to raise interest rates beyond merely withdrawing stimulus.

Economy

Inflation is raging in Estonia. So what's it like going food shopping?

You paid how much for that? Estonians have seen some of the biggest rises in Europe for food and fuel.

Economy

Half of eurozone countries heading for recession, IMF chief predicts

"The loss to the European people is quite, quite dramatic," Kristalina Georgieva told Euronews.

Economy

Will Ireland's Paschal Donohoe keep his role as Eurogroup president?

Paschal Donohoe may be obliged to leave his post after just one term due to an agreement with his coalition partners in Ireland.

Money

These EU countries have spent €300bn to ease the cost of living crisis

Some countries in the eurozone are spending more than others to tackle the rising cost of living for their citizens.

Business

Eurozone annual inflation hits a record at 9.1% in August

Inflation in the euro area hit another record in August at 9.1%, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine.

Economy

Europe's energy crisis haunts the euro as it tumbles to 20-year low

A new spike in energy prices has added to fears of recession, with manufacturing surveys due on Tuesday expected to highlight the damage done to activity.

Economy

Eurozone unemployment remains stable at 6.6%, lower than in pandemic

Eurozone unemployment remained stable at 6.6% in the month of June, having dropped by 1.3% compared to last year.

Economy

Inflation across the eurozone reaches new all-time high of 8.9%

Core inflation, which excludes volatile items like energy and food, stood at 4%, the highest figure since the euro was created.

Economy

Watch: What's behind inflation in the eurozone?

Inflation in the eurozone keeps reaching new record highs. Here's why.

Economy

ECB announces larger-than-expected interest rate hike

The European Central Bank has raised interest rates for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the US Federal Reserve and other major central banks to target stubbornly high inflation.

Economy

Europe's week: EU economic woes mount & Ukraine war crimes commitment

Here are the top stories from Brussels this past week.

Economy

This is what the euro-dollar parity means for you and the EU economy

A weaker euro will make European exports immediately cheaper in international markets.