Gulf Times - euro
Dollar soars, kicking euro, sterling to multi-year lows

Dollar soars, kicking euro, sterling to multi-year lows

The US dollar climbed on Thursday after the Federal Reserve cut rates a day earlier but cautioned it was not necessarily the start of a cycle of monetary loosening, sending the euro to a 26-month low ...

VW shrugs off 1 bn euro legal hit with higher SUV sales

VW shrugs off 1 bn euro legal hit with higher SUV sales

Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.7 percent higher.

Bulgaria could join the euro early in 2022: finance minister

Bulgaria could join the euro early in 2022: finance minister

Bulgaria's preparations to join the euro zone are on track and the Balkan country may adopt the euro as early as January 2022, Finance Minister Vladislav Goranov said on Monday.

Italy will not leave EU or eurozone: PM Conte

Italy will not leave EU or eurozone: PM Conte

Italy will not leave the European Union or abandon the euro, Prime Minister Giuseppe Conte said on Monday amid a standoff with Brussels over the populist government's big-spending budget.

New Italian economy minister vows to stay in euro, cut debt level

New Italian economy minister vows to stay in euro, cut debt level

Italy's new government has no intention of leaving the euro and plans to focus on cutting debt levels, Economy Minister Giovanni Tria said on Sunday, looking to reassure nervous markets.

Germany lodges bid to host Euro 2024 football

Germany lodges bid to host Euro 2024 football

Germany handed in its formal bid to host the 2024 European football championships on Tuesday, firing the gun on a race with the only other contender Turkey.

IMF to participate for 'last time' in Greek bailout: Schaeuble

IMF to participate for 'last time' in Greek bailout: Schaeuble

The International Monetary Fund, a key creditor in Greece's bailout, will not participate in any further rescues of the debt-wracked country, Germany's finance minister told a Greek newspaper Saturday.

Le Pen's anti-euro plan 'to cost France 30bn a year'

Le Pen's anti-euro plan 'to cost France 30bn a year'

Marine Le Pen's pledge to ditch the euro if elected French president would cost the country over 30 billion euros a year in increased borrowing costs, the country's central bank governor warned Monday.

Euro forefather Tietmeyer dies aged 85

Euro forefather Tietmeyer dies aged 85

Former Bundesbank president Hans Tietmeyer, a key architect of the euro who oversaw its introduction in Germany, has died at the age of 85, the central bank announced Wednesday.

Portugal win Euro 2016 on Eder’s extra-time goal

Portugal win Euro 2016 on Eder’s extra-time goal

Portugal overcame an injury of superstar Cristiano Ronaldo to capture their first major football title

EU cities should get ready to clear euro in place of London

EU cities should get ready to clear euro in place of London

There is no reason for the City of London to remain a centre for euro clearing if Britain leaves the European Union's single market, and other financial centres ...

Spain cruise into Euro 2016 second round

Spain cruise into Euro 2016 second round

Striker Alvaro Morata scored twice to lead Spain to an emphatic 3-0 win over Turkey yesterday that sent the holders into the second round of the European Championship.