Euro

FRANKFURT, Germany (AP) – The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more to come, underlining its drive to subdue inflation even as the European economy slows and the U.S. Federal Reserve eases its pace of increases.

The leftist governments of Argentina and Brazil will soon begin proceedings for the creation of a new common currency, tentatively called “sur” (South), the Financial Times claimed in a report on Sunday.

Croatia is to be the latest European nation to abandon its financial independence in exchange for integration within the European system.

The European Union has warned left-separatist Scottish leader Nicola Sturgeon she must “legally commit” to adopting the euro currency if she wants Scotland to rejoin the EU after breaking with the United Kingdom.

The head of Poland’s central bank has claimed that Germany is eyeing up ways of seizing territory lost to Poland after the end of the Second World War.

Inflation within the Eurozone has hit yet another record high as the currency bloc struggles to deal with the ongoing gas crisis.

An elected representative within the European parliament has accused the EU of trying to tax its population out of poverty.

Brazilian ex-President Luiz Inácio Lula da Silva, a socialist running for president again this year after his judicial appointees overturned a 25-year prison sentence for corruption, used a campaign rally this weekend to promote the creation of a pan-American currency.

Inflation numbers in the Eurozone hit a record high of five per cent in a single month in December, topping the previous record set the month before as high energy prices are believed to be driving the trend.

Only 27 per cent of French people believe that the European Union is advantageous to France, polls suggest.

A German Member of the European Parliament (MEP) has suggested that the founders of BioNTech, which developed the Pfizer vaccine, should be put on Euro currency banknotes.

The Euro — the centralised currency of the European Union — is to turn 20 years old on January 1st, 2022.

The vice-president of the European Central Bank has said that current inflation is not ‘as temporary’ as initially expected.

Inflation within the Eurozone hit nearly 5 per cent in November, the highest level recorded since the Euro was introduced in 1999.

A Member of Parliament for the left-separatist Scottish National Party (SNP) stoked controversy by saying it would “totally” accept dropping the pound for the euro and policing a hard border with England as the price of rejoining the European Union.

The 19 countries that use the euro are expected to lag China and the U.S. in bouncing back from the worst of the pandemic.

The unemployment rate across the 19 countries that use the euro currency rose modestly to 7.9% in July, official figures showed Tuesday.

Experts have warned that a ruling by the German constitutional court on the European Central Bank (ECB) could lead to the breakup of the euro currency.

European Commissioner Frans Timmermans has warned that the financial repercussions of the Wuhan coronavirus could be worse than the 2008 financial crisis and could lead to the breakup of the EU.

Italian anger at the European Union continues to remain high as a poll released this week shows four in ten would like their country to leave both the euro currency and the political bloc. The Bidimedia poll showed that while 6.1 per cent

French economist Jean-Paul Fitoussi is the latest financial expert to sound the alarm that a lack of solidarity in dealing with the coronavirus pandemic could spell the end of the European Union (EU).

Two economics experts have predicted that the Chinese coronavirus could lead to the end of the euro currency — and the potential end of the European Union itself.

Inflation in the 19-country eurozone weakened in September, slipping farther from the European Central Bank’s goal and underlining President Mario Draghi’s arguments for a recent stimulus package.

If you thought the EU’s demand for £39 billion from British taxpayers was off the scale get ready for an even bigger shock, writes the Brexit Party’s Brian Monteith MEP.

Comments from the European Central Bank send the Euro lower and prompt a response from President Trump.

LONDON (AP) – A closely watched survey is showing that the 19-country eurozone economy lost further momentum in April.

Vice President of the European Commission Jyrki Katainen has said demanded Poland hand over more money to the EU and said it should adopt the euro single currency.

European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to “large uncertainty” from slowing growth in China and weakening global trade.

A closely watched survey shows that economic growth across the 19-country eurozone dipped further at the start of 2019 to its lowest level in five-and-a-half years.

Inflation in the 19-country eurozone eased in January, a potential sign of economic weakness for a region beset by multiple challenges, from Brexit to disputes in international trade.

FRANKFURT, Germany (AP) – European Central Bank head Mario Draghi on Thursday issued a darker outlook for the region’s economy and said the bank is ready to use all its monetary levers in case the slowdown takes a turn for the worse.

BRUSSELS (AP) – Economic growth across the 19-country eurozone slowed in the third quarter to its slowest level for over four years, official figures showed Tuesday, in a development that’s likely to stoke worries about the impact of rising trade

ROME (AP) — Italy’s deputy premier on Saturday brushed off a ratings downgrade and vowed to forge ahead with the government’s rule-busting budget as Italy prepared to respond to European Union concerns about its high deficit targets.

The 19-country eurozone economy lost momentum in September despite a resilient performance by the services sector in Italy, according to a closely watched survey released Wednesday.

Five Star Movement founder and comedian Beppe Grillo has backed a referendum on the euro currency in Italy, saying that Italians need a “Plan B” if the economy deteriorates.

Italy’s minister for European affairs, Eurosceptic Paolo Savona, warned senators Tuesday that Italy must be prepared to leave the euro, and that it may not even be Italy’s choice.