Croatia to Abandon Own Currency, Become Latest €uro Member on New Year’s Day
Croatia is to be the latest European nation to abandon its financial independence in exchange for integration within the European system.
Euro Currency
For Sale: Iconic European Union Statue Vandalised so Frequently Owner Has Now Run Out of Money
The charity which owns it complains it spends so much money on repairs, it can no longer afford to deliver anti-racism and pro-Euro education.
EU Proposes €750 Billion Coronavirus Bailout as Popularity of Bloc Weakens
The European Commission has proposed a massive €750 billion (£673bn/$825bn) Wuhan coronavirus bailout package as many across Europe have begun to question the European Union itself.
Soros Attacks Salvini, Says He Wants to Get Italy Out of the EU
Hungarian-American plutocrat George Soros attacked populist Italian senator Matteo Salvini, claiming the League (Lega) leader wants to get Italy out of the European Union and the euro currency.
Experts Say German Court Decision Could End the Euro Currency
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.
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.
IMF Changes Its Tune: Brexit Britain’s Economy Will Grow Faster Than Europe
The globalist International Monetary Fund has enjoyed a spectacular change of tone over Brexit, and is predicting growth.
Further Signs of Eurozone Stagnation As Inflation Revised Down to Three Year Low
Inflation in the 19-country eurozone has fallen to its lowest rate since November 2016.
Eurozone Inflation Even Lower Than Hoped, Central Bank Eyes Monetary Stimulus Again
Official figures show that inflation across the 19-country eurozone was lower in July than anticipated, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month.
WATCH Brexit MEP: Single Euro Currency ‘Financial Dictatorship’ Faces Collapse Without British Money
Britain leaving the European Union will force a realignment of the bloc which would be akin to a dam bursting, potentially releasing member states from “financial dictatorship”, a Brexit Party MEP has said.
Euro Falls Against Dollar as European Central Bank Considers Resuming Money Printing
The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday.
Eurozone Economy Gets Doubt Dose of Bad News – Manufacturing Shrinking at Fastest Rate Since 2013
The eurozone economy received a double dose of bad news Monday as inflation fell further away from the European Central Bank’s target and a closely monitored survey showed the crucial manufacturing sector shrinking at its fastest rate in six years.
Eurozone Growth Stumbles, German Economy Contracts, Meanwhile UK Tops GDP Growth
Eurozone growth remains slow, and has performed worse than expected in the latest figures released Friday which saw the Euro currency stumble as slowing German exports were shown to be behind the European powerhouse’s first GDP contraction since 2015.
Eurozone Growth Slows to Lowest Level in Four Years, Euro Stumbles on News
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
