News

Euro zone manufacturing moved closer to stabilization in July as factory activity contracted at its slowest pace in three ...
US tariffs have created economic headwinds by creating uncertainty around trade, but Europe’s labour market is holding up ...
German engineering orders fell 5% in June compared with a year earlier, with dips in both domestic and foreign demand ...
Eurozone government bond yields inched higher as the bonds largely shrugged off concerns about sweeping U.S. tariffs against dozens of countries which came into force Thursday.
Countries must go through a two-year “waiting room” in which their currency does not fluctuate excessively against the euro. The process is meant to demonstrate that their economies are ...
Around 341 million people use the euro across the current 20 euro zone countries, according to the European Union. The ECB says over 29 billion euro bank notes with a value of more than 1.5 ...
However, "eurozone countries benefit from lower interest rates due to the credibility of the ECB and reduced currency risk," Tursa pointed out. Lower interest rates typically benefit borrowers as ...
Euro zone GDP grew 0.4% in the first quarter, according to a preliminary reading, ahead of the 0.2% expected by economists. Germany, Europe's largest economy, rose 0.2% over the same period.
Approval needs a minimum of 55% of member states representing at least 65% of the EU population. A man passes by graffiti sign reading 'No to Euro' in Sofia, Bulgaria, Monday, June 2, 2025.
Countries need to meet several criteria, including on price stability, to adopt the euro. Bulgaria on Wednesday secured the green light to join the euro zone, meaning the bloc could soon grow from ...
Member countries get a seat on the ECB’s rate-setting council and so have a voice in eurozone-wide monetary policy. Are there disadvantages or risks?