Latest in Tag: euro Highlight

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Latest in Tag: euro


Isidoros Karderinis - 1

Italy in maelstrom of euro

The country’s GDP currently stands at €1.75tn and its growth rates are extremely anaemic, reaching just 0.9%. real per capita gross domestic product (GDP), according to reliable calculations

Isidoros Karderinis

Euro hits six-month high before French election

The euro has extended its considerable gains over the past two weeks ahead of this weekend’s final round of the French presidential election. Markets appear confident that centrist Emmanuel Macron will win.The euro touched six-month highs on Friday, while not being able to break above the psychologically important $1.10 threshold ahead of the decisive round …

Deutsche Welle

Draghi: No early exit from ECB’s zero-interest rate policy

The euro has hit a three-week low after the European Central Bank (ECB) chief said he saw no need to deviate from accommodative policies, including zero interest rates and massive bond-buying until the end of the year.The single European currency euro edged down to $1.0659 on Thursday, following comments by ECB’s top brass that signaled …

Deutsche Welle

Bundesbank reports decline in counterfeit bills

The recent introduction of new security features in some euro banknotes has led to a significant drop in the number of counterfeit bills. But there’s more work to be done, the German central bank says.For the whole of 2016, the German central bank registered 82,200 counterfeit euro banknotes in Germany. In a fresh report, it …

Deutsche Welle

Greece braces for next general strike

As thousands of Greek pensioners demonstrated in central Athens on Thursday against cuts demanded under an international bailout, the public sector union called its second nationwide anti-austerity strike in under a month

Deutsche Welle

What helping refugees costs Germany

Germany is taking in large numbers of refugees. Taking care of them costs money, but not anywhere near as much as some people think, given Germany’s huge overall budget. DW looks at the numbers. In 2013, Germany spent around 1.5 billion euros ($1.67 billion) on allowances for asylum seekers, or about 12,500 euros per refugee …

Deutsche Welle

IMF changing tack on Greece

Latin Americans and Asians are happy that they do not need the help of the International Monetary Fund (IMF). But, Europe can no longer function without it. What’s behind the IMF’s interest in Greece?

Deutsche Welle

Italian PM says Kuwait to invest 500m euros in Italy

Reuters – Kuwait’s sovereign wealth fund will invest 500m euros ($676m) in Italian companies in coordination with Italy’s own strategic investment fund, Prime Minister Enrico Letta said on Tuesday. The deal follows similar agreements with Qatar’s investment fund last year to invest in Italian companies operating in the fashion, food and tourism sectors and a …

Daily News Egypt