Tag: Euro
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…
Bundesbank boss Nagel is critical of aid for indebted countries
Joachim Nagel If the Bundesbank president had his way, the ECB would have to focus more on combating high inflation. (Photo: Reuters) Frankfurt On Monday, Bundesbank President Joachim Nagel expressed…
“Germany needs a 10 trillion euro state fund for start-ups”
Berlin The federal government’s “future fund” launched in 2021 to finance start-ups must grow from ten billion to ten trillion euros over the next 20 to 30 years. This is…
What can the ECB do against euro crises?
Frankfurt The European Central Bank (ECB) is currently observing very closely the yields on government bonds in the euro area, some of which have risen significantly. In any case, she…
EURO Coin Move from USDC Producer Circle
Circle, the maker of USD Coin (USDC), the second largest stablecoin by market capitalization, has announced Euro Coin (EUROC). According to a June 16 press release, USDC issuer Circle has…
France’s finance minister does not believe in a new euro crisis
Bruno Le Maire France’s finance minister wants to calm fears of a new euro crisis. (Photo: Reuters) Brussels France’s Finance Minister Bruno Le Maire has countered fears of a new…
ECB: Maximum Supply of Digital Euro Will Be 1.5 Trillion
European Central Bank (ECB) board member Fabio Panetta said the maximum supply of the digital euro will be capped at 1.5 trillion. The period of research on the use of…
ECB announces rate hike: is the next euro crisis imminent?
Flocks of birds over Rome Italy will elect a new parliament early next year. (Photo: imago/Italy Photo Press) Rome, Paris, Madrid, Brussels, Athens After its council meeting on Thursday, the…
Producer prices in the euro area are climbing at a record pace of 37.2 percent
gas Driven by high oil and gas costs, consumer prices climbed 8.1 percent in May. (Photo: Reuters) Berlin, Brussels Eurozone manufacturer prices are rising at record speed due to rising…
Croatia may adopt the euro in 2023
Croatia’s one euro coin The design of the Croatian euro coins was presented at the beginning of February. (Photo: imago images/Pixsell) Brussels The euro zone will soon welcome its twentieth…
Euro Truck Simulator 2 Suspends Russia DLC
It has been announced that the expansion pack called “Heart of Russia”, developed for Euro Truck Simulator 2 and will include Russia on the map in the game, has been…
Inflation in the euro area rises to 8.1 percent
Customers at a weekly market Dusseldorf/Frankfurt The inflation rate in the euro area continued to rise in May: consumer prices rose by 8.1 percent compared to the same month last…
Euro rescue package is looking for a new boss and a new purpose
Luxembourg A kicker is still missing in the light-flooded rooms of the ESM euro rescue package in Luxembourg’s financial district. But even so, the open spaces with the colorful armchairs…
“Don’t see a recession in the euro area”
ECB President Christine Lagarde Lagarde stresses that the ECB is not lagging behind the US on interest rate policy. (Photo: dpa) davos Christine Lagarde does not currently see the euro…
Big Increase in Euro Truck Simulator 2 Turkey Price!
SCS Software, the developer of Euro Truck Simulator and American Truck Simulator games, increased their prices in Turkey. With this increase, the price of Euro Truck Simulator 2 has increased…
Reactionary decision for Euro Truck Simulator 2: 282 percent increase
Euro Truck Simulator 2 was presented to the players in 2012. Developed by SCS Software, the simulation game has a huge fan base all over the world, including our country.…
Rate hike by a quarter point realistic, but more possible
Klaas Knot Several monetary watchdogs have already envisaged a turnaround in interest rates for July. (Photo: Reuters) Frankfurt ECB Council member Klaas Knot believes a sharp rise in interest rates…
Euro weakness deepens the European Central Bank’s dilemma
At the end of the last century, hopes for the new common currency were high: the euro was to become the second world currency alongside the US dollar as soon…
Federal government rejects proposal for new euro rescue fund
Federal Finance Minister Christian Lindner The parliamentary state secretary to the finance minister rejects the new protective shield. (Photo: IMAGO/photothek) Berlin The federal government rejects the proposal by the European…
We don’t need a new rescue package for the euro zone
euro coin Ironically, in times of war, Europe’s means of combating the economic crisis are largely exhausted. (Photo: dpa) It’s been ten years since the euro crisis reached its peak.…