About: euro

Economy & Jobs 28-10-2019

Ciao, Mario: ECB’s Draghi hands baton to Lagarde

ECB chief Mario Draghi bows out Monday (28 October), passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers.
Economy & Jobs 24-10-2019

EU grandees send Draghi to ‘euro pantheon’

European Central Bank President Mario Draghi chairs his last governing council on 24 October, before Christine Lagarde takes over on 1 November. EURACTIV contacted eight politicians, decision-makers and analysts from different countries to review Draghi's eight-year mandate at the ECB.
Global Europe 19-06-2019

Draghi brushes off Trump accusation of currency manipulation

European Central Bank chief Mario Draghi said Tuesday (18 June) that the institution “doesn’t target the exchange rate”, shrugging off an allegation of currency manipulation from US President Donald Trump. “We have our remit. We have our mandate. Our mandate...
Economy & Jobs 13-06-2019

Trade tensions boosted international role of euro, ECB reports

Trade tensions, challenges to multilateralism and unilateral sanctions might be bad for the economy but they have helped boost the global use of the euro, the European Central Bank reported on Thursday (13 June).
Economy & Jobs 12-06-2019

Trump blames ‘cheap’ euro for EU’s tourist overcrowding

US President Donald Trump blamed the European Central Bank’s loose monetary policy for the high number of tourists arriving to Europe, and attacked once again the US Federal Reserve for keeping “ridiculous” high interest rates.
Economy & Jobs 28-01-2019

Draghi steps into political debate, calls for more togetherness in EU

As European partners remain disunited on the way forward to strengthen the eurozone, ECB President Mario Draghi made a wholehearted defence on Monday (28 January) of the need to act together to complete the economic and monetary union and increase the influence of the common currency abroad.
EU Elections 2019 17-01-2019

Spanish PM: If Europe protects us, we need to protect Europe

Spanish Prime Minister Pedro Sánchez stood up for a more social, feminist, greener and united Europe, in his speech on the future of the EU before the European Parliament in Strasbourg on Wednesday (16 January). 
Economy & Jobs 16-01-2019

Leaders call to complete eurozone on currency’s 20th anniversary

As the euro turns 20, leaders of the EU's main institutions called on member states to complete the reform of the Economic and Monetary Union, admitting mistakes were made in managing the eurozone debt crisis.
Economy & Jobs 11-01-2019

Russia ditches dollar, opts for euro and yuan

A report by the Bank of Russia published late on Wednesday (9 January) reveals that the country dumped $101 in US holdings from its reserves, shifting into euros and yuan last spring amid a new round of US sanctions.
Economy & Jobs 07-01-2019

20 years of the euro: An imperfect success story

The single currency, which was officially launched on 1 January 1999, has performed its role of shielding against crises and stabilising prices. However, the insufficient convergence of the eurozone’s economies shows the fragility of this incomplete construction. EURACTIV France’s media partner La Tribune reports.
Economy & Jobs 06-12-2018

EU claims stronger role for its currency despite flawed monetary union

The European Commission presented on Wednesday (5 December) a strategy to strengthen the international role of the euro days after member states continued to drag their feet to complete the economic and monetary union.
Economy & Jobs 26-10-2018

Commission eyes FinTech to boost euro’s role on global stage

New pan-European payment instruments, including solutions based on emerging technologies in the financial sector or FinTech, are a part of the European Commission’s plan to boost the euro's standing in international markets.
Economic governance 25-09-2018

Draghi warns on protectionism as a risk for the Eurozone

The Eurozone should prepare for US and China protectionist measures if they materialise, president of the European Central Bank Mario Draghi said on Monday (24 September) at the European Parliament.
Global Europe 20-09-2018

Russian oil firm seeks payments in euros amid US sanction threat

Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as insurance against possible tougher US sanctions, traders who deal with the firm told Reuters.
Elections 03-08-2018

Renewed Italian government tensions fuel bond selloff

Short-dated Italian government bonds sold off on Friday (3 August) for the second straight day on signs of deepening tension within the Italian government that is raising the prospect of new elections.
Economy & Jobs 15-06-2018

Mario Draghi: The euro is irreversible

Despite concerns over a potential new euro crisis due to Italian political instability,the president of the European Central Bank,  Mario Draghi, believes the currency is “strong”. EURACTIV’s partner La Tribune reports.
Central Europe 13-06-2018

Bulgaria to launch joint application to euro waiting room and Banking union

Bulgaria will seek to join both the eurozone’s waiting room and the bloc’s banking union within a year, Finance Minister Vladislav Goranov said on Tuesday (12 June).
Economy & Jobs 06-06-2018

Juncker: ‘Completing the EMU is more important than ever’

With an eye on Italy and Spain and the possible political and financial turmoil there, the European Commission chief Jean-Claude Juncker called once again on Tuesday (5 June) for a fast and deep reform of the Economic and Monetary Union.
Future EU 08-02-2018

Berlusconi ally attacks euro, says preparing exit

The leader of Italy's right-wing Northern League said yesterday (7 February) his party was preparing the ground to leave the euro zone and called the euro a "German currency" which had damaged Italy's economy.
Elections 29-01-2018

Czech MEP denounces ‘myths’ and ‘false arguments’ against introducing the euro

The euro has been fought against by everyone in the Czech Republic who doesn’t like the idea of deeper European integration. However, as centre-right MEP Luděk Niedermayer points out, myths and false arguments often dogs the debate about the common currency.
Future EU 24-10-2017

Slovakia a pro-European island in its region, Fico says

Slovakia's prime minister, president and parliament speaker pledged yesterday (23 October) to keep to a pro-European path, a day after its Czech neighbours became the latest central European ex-Communists to elect a populist taking a hard line on the EU.
Future EU 13-09-2017

On the eurozone, Juncker goes wide but not deep

In his speech on the State of the Union, Jean-Claude Juncker insisted on the extension of the eurozone, but not on its deepening. He fears the two-speed Europe defended by Emmanuel Macron. EURACTIV France reports.
Central Europe 25-08-2017

Czechs in favour of deeper integration, but shun the euro

The Czech Republic wants to be in the EU’s “core”, but without the common currency. Prague wants to focus on common defence instead. EURACTIV.cz reports.
Politics 16-06-2017

Helmut Kohl, father of German reunification, dies

Former German Chancellor Helmut Kohl, the architect of German reunification, died on Friday (16 June), the mass-selling newspaper Bild reported. He was 87.

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