The Latest Breaking News from euro zone

Bulgaria's longstanding political deadlock threatens to delay its plan to adopt the euro on Jan. 1, 2024, at a time when the eurosceptic and pro-Russian Revival party is increasingly vocal and Bulgarians themselves are deeply divided about the euro.

Croatia is ready to join the euro zone, the European Commission said on Wednesday, paving the way for the Balkan country to adopt the euro from the start of 2023 and become the 20th European state to use the currency.

Bulgaria's parliament failed on Friday to appoint a new central bank governor after the sole candidate did not get enough backing following bickering within the ruling coalition as the Balkan country prepares to join the euro zone in 2024.

FOREX-Euro gains respite from Macron's French election lead The euro looked set to snap a seven-day losing streak versus the dollar on Monday, as the single currency rallied after French leader Emmanuel Macron beat far right challenger Marine Le Pen in the country's first round of presidential voting. Investor concerns…

Italy on Thursday annulled the sale of a military drones company to Chinese investors, three government officials told Reuters, the latest in a series of moves by Rome to curb Beijing's forays into the euro zone's third-largest economy.

President Emmanuel Macron said on Thursday he would run for second term at the helm of the euro zone's number two economy.

French President Emmanuel Macron said on Thursday he would run for a second term in April's elections, seeking a mandate to steer the euro zone's second-largest economy through the fallout of Russia's invasion of Ukraine and the COVID-19 pandemic.