Tag: Euro
EU Commission warns of premature austerity
EU flags In the Stability Pact, the euro countries agreed to limit their budget deficits to three percent based on national economic power and limit their total debt to 60…
This is how investors protect themselves
Secure or not? Investors need to decide how to handle currency risk. (Photo: Ikon Images / Getty Images) Frankfurt The dollar has risen sharply in the past few weeks. Despite…
Why the US currency keeps rising
Frankfurt Many US companies are unlikely to be very happy about the foreign exchange market at the moment. In the past few months, the US dollar has appreciated sharply against…
Inflation in the euro zone rises to 3.4 percent – the highest level in 13 years
Rising energy costs Energy prices rose by around 17 percent in September. (Photo: dpa) Frankfurt Inflation in the euro zone rose faster than expected in September. The European statistics agency…
How the fear of inflation works – Handelsblatt Morning Briefing
After years of inciting inflation, which amounted to chants of the rain conjuring in extreme drought, suddenly too many of the once coveted percentage points are now to be registered.…
Italian Payments Giant “Nexi” Participates in Digital Euro Project
Nexi, one of Europe’s leading payment companies, reportedly advises the European Central Bank (ECB) on the digital euro project. The announcement was made by Nexi CEO Paolo Bertoluzzo, speaking at…
Return of pound and ounce near
A pint of beer Great Britain no longer wants to specify the weight in kilograms in the future. Pint glasses are also to be used as a standard, the “Crown…
Return of pound and ounce near
A pint of beer Great Britain no longer wants to specify the weight in kilograms in the future. Pint glasses are also to be used as a standard, the “Crown…
Inflation rate in the euro zone reaches ten-year high
Fuel prices Energy prices rose by 15.4 percent in August. (Photo: dpa) Berlin Consumer prices in the euro zone climbed by 3.0 percent within a year in August, the European…
Euro jackpot cracked – lottery player in Bavaria wins 49 million euros – news
Now just no envy … A lottery player in Bavaria hit the jackpot. The lucky one cracked the euro jackpot on Friday and can look forward to a double-digit million…