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The Latest Breaking News from eurozone

Croatia to change currency this year - how it will impact Brits going on holidays

Croatia is swapping its kuna and lipa for euros at the end of the year, meaning it's saying farewell to a national currency that is named after the allusive pine marten

Daily Mirror

Eurozone inflation hits record 8.9% despite better-than-expected growth

Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia's war in Ukraine, but the economy still managed better-than-expected, if meager, growth in the second quarter.

France 24

Eurozone crisis in reverse as southern states scold Germany over gas

Analysis: Southern European countries were unwilling to sign up to homogenous 15% cut in gas

The Guardian - UK

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The Guardian view on European democracy: central bankers are villains and heroes

Editorial: The European Central Bank is effectively deciding how much a eurozone government can spend. That can’t last for long

The Guardian - UK

S4 Capital’s share slump means Sir Martin Sorrell has a crisis on his hands

The advertising firm was already low on credit with investors and the latest numbers call its strategy into question

The Guardian - UK

Croatia poised to clear final hurdle for euro entry

The European Union is set to remove the final obstacles tp Croatia adopting the euro

The Independent UK

Five ways that the super-strong US dollar could hurt the world economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen.

The Conversation

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Cost of living: Pension jump touted, change to your Tesco, Lidl, Dunnes spend and mortgage boost

Budget 2023 is now highly anticipated as many across the country hope new measures will be introduced to alleviate some financial pressure

Irish Mirror

Why is the ECB still fiddling over a potential eurozone crisis?

Christine Lagarde is failing to heed the lesson of the last decade: act quickly and act clearly

The Guardian - UK

EU says Croatia ready to adopt euro in 2023

Brussels (AFP) - The European Commission said Wednesday that Croatia had met all the criteria to join the eurozone, paving the way for the country to become the single currency's 20th member on January 1.

AFP

Even if Macron wins, he will struggle to realise his vision for France and Europe

The president remains favourite to carry the election, but his task will become no easier

The Guardian - UK

ECB wrestles with record inflation and war risk

Frankfurt (AFP) - European Central Bank policymakers meet on Thursday faced with the challenge of threading a response between record-high inflation figures and weak growth due to the war in Ukraine.

AFP

Stocks slide, oil rises as Germany slashes growth outlook

New York (AFP) - World stock markets struggled Wednesday after strong gains during the previous session, as Russia downplayed hopes of a breakthrough in peace talks with Ukraine, Germany's growth outlook darkened and oil prices rose.

AFP

Cost of living crisis hitting economic outlook as firms hike prices – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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AFP

ECB 'closely monitoring' implications of Ukraine invasion

Frankfurt (AFP) - The European Central Bank said on Thursday it was following unfolding events in Ukraine after the launch of a Russian invasion and watching for any impacts on the eurozone economy.

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