Tag: Euro
Economists raise their inflation forecasts for the euro area
Euro symbol at the old ECB headquarters The European Central Bank is reacting to the persistently rising consumer prices by raising the key interest rate. (Photo: imago images / Ralph…
These four stocks can benefit
Fendi fashion show The Italian fashion company belongs to the luxury group LVMH. Its share could benefit from the weak euro. (Photo: AP) Cologne The weak euro is currently worrying…
Million Euro Support to Turkish Scientists
Turkish scientist Dr. Mustafa Yücel received a support of 2.4 million euros for the project in which he will search the depths of the seas to discover life in space.…
European Central Bank Made New Statements About Digital Euro!
According to the European Central Bank (ECB), the digital Euro can only be considered successful if it becomes widely used by European consumers. In a blog post by ECB president…
Euro falls below one dollar for the first time since 2002
banknotes The strong US dollar puts the common currency under pressure. (Photo: AP) Frankfurt An impending recession in the euro zone and the growing interest rate differential with the USA…
The euro slipped to a US dollar for the first time in 20 years
euros and US dollars For the first time since October 2002, the two currencies are worth the same. (Photo: dpa) Frankfort, New York It’s a historic date: on Tuesday morning,…
Has the West’s strategy of sanctions failed?
Dusseldorf Despite Western sanctions against Russia, the war of aggression in Ukraine continues unabated. So far, the measures have not been able to force Russian President Vladimir Putin to give…
Dax continues to give way – euro slips to a new 20-year low
Dusseldorf On the stock market, prices above 13,000 points, like last Friday, are apparently only a short episode. Today, Tuesday, the Dax is down another 0.2 percent and is trading…
Euro introduction in Croatia officially signed – Concrete exchange rate fixed
Croatia’s Finance Minister Zdravko Maric and ECB President Christine Lagard Symbolic delivery of euro coins. (Photo: AP) Brussels The introduction of the euro in Croatia was sealed with a ceremony.…
The euro slipped to a US dollar for the first time in 20 years
euros and US dollars For the first time since October 2002, the two currencies are worth the same. (Photo: dpa) Frankfort, New York It’s a historic date: on Tuesday morning,…
Risk for the business model Germany
dollars like euros Parity between the dollar and the euro: the German business model is reaching its limits. (Photo: imago images/ITAR-TASS) It is a sign of weakness: the euro, which…
Dax continues to give way – euro slips to a new 20-year low
Dusseldorf The pessimists seem to be taking control of the stock market again. Quotations above 13,000 points like last Friday were only a short episode. Today, Tuesday, the Dax is…
Dax continues to give way – euro slips to a new 20-year low
Dax curve The leading German index is on a downward trend this year – despite the recent recovery. (Photo: Bloomberg Creative/Getty Images [M]) Dusseldorf The pessimists seem to be taking…
Euro slips to parity with the US dollar
Euro and dollar bills For the first time since October 2002, the two currencies are worth the same. (Photo: Reuters) Frankfort, New York The fall of the euro against the…
Dax continues to give way – euro slips to a new 20-year low
Dax curve The leading German index is on a downward trend this year – despite the recent recovery. (Photo: Bloomberg Creative/Getty Images [M]) Dusseldorf The pessimists seem to be taking…
Dax continues to give way – euro slips to a new 20-year low
Dax curve The leading German index is on a downward trend this year – despite the recent recovery. (Photo: Bloomberg Creative/Getty Images [M]) Dusseldorf The pessimists seem to be taking…
The Value of the Euro and the Dollar Equalized for the First Time in 20 Years
The world economy is witnessing a historic moment today. For the first time in 20 years, the value of the euro and the dollar were equalized. So why does this…
Parity with the dollar is imminent
dollars and euros The European single currency has fallen to its lowest level in 20 years against the dollar. (Photo: Reuters) Dusseldorf, Frankfurt Parity between the euro and the dollar…
Dax taking a breather – parity of the euro rate to the dollar is getting closer
Dax curve The leading German index is on a downward trend this year – despite the recent recovery. (Photo: Bloomberg Creative/Getty Images [M]) Dusseldorf After two positive trading days in…
Euro falls to lowest level against dollar since 2002
Euro and dollar banknotes Dusseldorf The fall of the euro against the US dollar continues. The European common currency fell temporarily to its lowest level since 2002 on Tuesday and…