In the grip of its longest recession and battling problems from soaring youth unemployment to bank credit stagnation, the eurozone has more than enough to worry about as it is.
The U.K. is now openly questioning its allegiance with the EU while existing members like Denmark have distanced themselves from the goal of euro adoption to protect their economies. Iceland, which in 2008 became the first nation to succumb to the ...
The empirical results also show that aggregate demand in the euro area countries is significantly affected both by the short-term real interest rate and the effective real exchange rate.
NEW YORK (Reuters) - The dollar fell against the euro for a third day on Wednesday as investors trimmed their bets on the currency before testimony from the U.S.
The pound fell to a one-month low against the euro after a government report showed U.K. retail sales unexpectedly declined last month, supporting the central bank's case to boost monetary stimulus.
Germany allotted 4.1 billion euros of a new benchmark security due in May 2023 at an average yield of 1.41 percent at an auction today, compared with a record-low 1.28 percent at a sale of 10-year debt on April 17.
Potential revenues that escape the net of tax collectors reportedly amount to one trillion euros. Such large amounts of money, currently sitting in tax havens, would be greatly beneficial to European countries in boom years, let alone times when most ...
LONDON May 22 (Reuters) - The euro rose to a 3-1/2 year peak against the yen and a four-month high against the Swiss franc on Wednesday as investors demand for safe-haven currencies waned on falling borrowing costs for indebted euro zone countries.
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