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.
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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