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The Latest Breaking News from eurozone

Dollar Falls on Lower Bond Yields and Stronger Stocks

The dollar index (DXY00 ) this morning is down by -0.35% and posted a 1-week low. The dollar is under pressure as the euro strengthened after today’s news that the Eurozone Apr S&P composite PMI expanded by the most in 11 months. Strength in stocks today has also curbed liquidity...

Barchart

Euro Resurges As Preferred Currency For Global Central Banks

Learn about the resurgence of the Euro in global central banking and its impact on the international monetary system.

Top News

Prices Bite Into Greek Christmas Even As Economy Improves

Greece's traditional Christmas sweets made of icing sugar, honey and powdered almonds tantalise shoppers ahead of the festive season as they do every year.

International Business Times

Italian MPs Vote Against Reform Of Eurozone Rescue Fund

Italy's lower house of parliament, including members of Prime Minister Giorgia Meloni's party, rejected an opposition motion to approve a reform of the eurozone's bailout fund on Thursday.

International Business Times

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Europe's radical right has made challenging Brussels a winning formula – so why hasn't the radical left made the same gains?

With roughly six months to go, the radical right looks set to make significant gains in the 2024 European elections. The biggest share of votes is still likely to go to parties of the centre-right, but many of these have lately veered rightward, too.

The Conversation

The Guardian view on Slovakia’s election: an ominous signal from central Europe

Editorial: Victory for a Putin-friendly populist has given Viktor Orbán an ally and the rest of Europe a problem

The Guardian - UK

Does Europe really need a 'digital euro'?

The EU has taken a crucial step towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it has even been unveiled. RFI takes a look into what Brussels hopes and believes will be 'the next big…

Radio France Internationale

Eurozone inflation falls to 5.5% in sharp contrast to UK

Economists put reason for divergence down to Brexit and Britain’s energy price guarantee

The Guardian - UK

Alexis Tsipras steps down as Syriza leader after Greek election rout

Leftwing opposition leader who was PM during eurozone crisis says party needs ‘profound renewal’

The Guardian - UK

FTSE 100 posts biggest jump since March as US economy adds 339,000 new jobs – as it happened

US economy added more jobs than forecast last month, with March and April’s data revised higher too, but unemployment rate has jumped to 3.7%

The Guardian - UK

Spain PM calls snap election after local poll drubbing

MADRID: In a surprise move, Spanish Prime Minister Pedro Sanchez called a snap election on July 23 on Monday, a day after his Socialists suffered a drubbing in local and regional polls.

Bangkok Post

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The Conversation

Inflation in the Eurozone: is it persisting or falling?

In 2022, the annual inflation rate hit a record level (8.4%) since the Eurozone’s creation in 1999, mostly because of disruptions in the global supply chain and by the energy crisis provoked by the conflict in Ukraine.

France 24

Entering Schengen is 'a huge economic benefit for us': Croatian PM Plenkovic

Talking Europe hosts the Croatian prime minister, who steered his country into the eurozone and the Schengen free travel area at the start of this year. Andrej Plenkovic talks about the symbolic and practical aspects of these two moves, and discusses his government's plans to continue helping Ukraine – despite…

The Guardian - UK

Croatia takes final steps into EU with open border and euro switch

Common currency was already used for valuations and bank deposits in former Yugoslav country, which joined the EU in 2013

France 24

Third of world could be in recession in 2023, IMF chief warns

Kristalina Georgieva, the managing director of the International Monetary Fund, is warning that this year will be tougher than the last and that the war in Ukraine, rising inflation and higher interest rates will weigh heavily on the global economy. She expects the EU to be particularly hard hit, with…

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Asharq Al-Awsat

Croatia Switches to Euro, Enters Borderless Europe Club

Croatia on Sunday switched to the euro and entered Europe's passport-free zone -- two major milestones for the country after joining the EU nearly a decade ago. At midnight (2300 GMT Saturday) the Balkan nation bid farewell to its kuna currency and become the 20th member of the eurozone. It…

Radio France Internationale

Croatia entered Eurozone, Schengen area

Croatia switched to the Euro and entered the passport-free Schengen area on 1 January, two major milestones for the country after joining the EU nearly a decade ago.

Newsroom.co.nz

Europe faces new year of political instability and war

Europe ends 2022 with a war in its east, grappling with political uncertainty, and plagued by high inflation. It has been a year many Europeans would prefer to forget.

The Guardian - UK

How Britain’s economic woes stack up against Europe’s – a close look at the figures

The UK’s money troubles spread from inflation and higher interest rates to sluggish productivity. But how do we compare with our European neighbours?

The National (Scotland)

Will Scotland need to join the euro to join the EU? What the experts say

FOUR top experts on European politics speak to The National about the claim an independent Scotland would need to adopt the euro to join the EU ...

Radio France Internationale

Italy’s far-right Meloni becomes country’s first woman to lead government

Far-right leader Giorgia Meloni was named Italian prime minister on Friday, becoming the first woman to head a government in Italy. Her appointment is an historic event for the eurozone's third largest economy and for the Brothers of Italy party, which has never been in government.

ABC News

Italy far-right leader Giorgia Meloni set to be country's first female leader

Ms Meloni's Brothers of Italy party, which has neo-fascist roots, is set to win around 26 per cent of the vote after Sunday's election, while her wider coalition secured a clear majority in parliament.

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