About: single currency

Economy & Jobs 05-07-2019

Croatia launches bid to join euro waiting room

Croatia launched Thursday (4 July) a bid to join Europe's Exchange Rate Mechanism II, the two-year waiting room for eurozone candidates which pegs their currencies to the euro, the national bank said.
Economy & Jobs 13-06-2019

Far from ‘devalued’, euro surges as trade war hits yuan

If evidence is needed of how far ripples from the Sino-US trade war are reaching, have a look at Europe where the yuan’s slump is driving up the euro’s value against trade partners’ currencies, handicapping the export-reliant bloc’s economy. Contrary...
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.
Politics 30-10-2017

Tomáš Zdechovský: The EU begins in the stomach of a Czech citizen

The Czechs do not know anything about the EU’s global strategies or the interconnection of energy networks. But they know very well that they can buy cheaper and better food in Germany, says MEP Tomáš Zdechovský (EPP).
Elections 07-02-2017

Europe emerges as major battlefront in French election

Emmanuel Macron and Marine Le Pen, the two front-runners in the French presidential race, both chose Lyon to officially launch their presidential campaigns at the weekend (4 February). Europe emerged as the central issue in the race to the Elysée Palace. Euractiv France reports.
Euro & Finance 04-01-2017

Le Pen proposes return to ECU-style system to replace euro

Eurozone countries should retreat from the euro single currency and return to a "common currency" structure, French National Front leader Marine Le Pen said on Wednesday (4 January), evoking the era of the ECU basket of currencies.
Euro & Finance 09-12-2016

Unhappy birthday: EU low-key on Maastricht’s 25th anniversary

A quarter of a century after the summit in the Dutch town of Maastricht that gave birth to the euro, the EU will mark the anniversary today (9 December) with little fanfare as it battles a wave of crises.
16-09-2016

Carlo Azeglio Ciampi, former Italian president and premier, dies

Former Italian president, prime minister and central bank governor Carlo Azeglio Ciampi, who played a key role in guiding the country into the European single currency, has died, the government said on Friday (16 September).
The Euro reached its lowest point against the dollar for nine years this week.
Euro & Finance 07-01-2015

Falling euro cause for celebration and concern

European manufacturers are happy with the falling value of the single currency, which allows them to export their goods more easily. But the mood is tempered by the threat of deflation, particularly harmful to indebted countries, and increasingly a worry for the ECB, which may begin a policy of buying up sovereign debt from 22 January. EURACTIV France reports
Euro & Finance 04-06-2014

Lithuania ready to adopt euro, Commission says

Lithuania meets all the criteria for joining the euro, the European Commission said on Wednesday (4 June), clearing the way for the Baltic state to become the 19th member of the single currency from the start of next year.
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Economy & Jobs 04-06-2014

Lithuania ready to join euro from 2015, Commission says

Lithuania is ready to join the euro from 2015 and will become the 19th country to do so. This is the message that the European Commission sent on Wednesday as it released its 2014 Convergence Report, an assessment of how ready eight member states are to join the single currency.
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Economy & Jobs 07-02-2012

Maastricht Treaty turns 20 as euro crisis continues

Twenty years ago, leaders of the European Union put their signatures under a plan for one of the most ambitious steps in European integration.The single currency. The Maastricht Treaty enable the creation of the euro, which, despite all the negatives, has clearly carved out its place in the international currency markets. Former European Commissioner President Jacques Delors still sees the euro as a success story: Ten years after the launch of the physical notes and coins, however, it's clear that the Maastricht Treaty was not a complete success.
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Economy & Jobs 27-10-2011

Eurosummit: post-game analysis

European leaders achieved a breakthrough early on Thursday to write off half of Greece's debt and seek foreign capital to double the eurozone's bailout fund to around €1 trillion. But crucial details on the fund's size were left for finance ministers to decide end of November.
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Economy & Jobs 16-09-2011

Wroclaw hosts crucial Ecofin talks

Wroclaw. The fourth-largest city in Poland. Home to 660.000 people and a brand-new football stadium that opened less than a week ago with a high-profile boxing match Between Poland Adamek and World Heavyweight Champion Klitschko of the Ukraine. But this Friday, Wroclaw is hosting an entirely different kind of fight. A fight o save the common European currency, the euro.

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