Tag: euro

Europeans show record support for the #Euro

Europeans show record support for the #Euro

| December 2, 2019

More than three in four citizens think that the single currency is good for the European Union, according to the latest Eurobarometer results. This is the highest support since surveys began in 2002. According to the results of the latest Eurobarometer survey on the eurozone, 76% of respondents think the single currency is good for […]

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Cheap #CrossBorderPayments – Sharing the benefits of the #Euro

Cheap #CrossBorderPayments – Sharing the benefits of the #Euro

| February 12, 2019

Buying products from other EU countries could soon become cheaper ©AP images/European Union-EP  Euro payments within the euro area cost close to nothing. People from elsewhere in the EU will now also get to benefit from low-cost payment fees. On 14 February MEPs will vote on plans to ensure lower charges on euro payments across […]

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Twenty years of the #Euro – Three in four Europeans in favour of single currency

Twenty years of the #Euro – Three in four Europeans in favour of single currency

| January 17, 2019

Happy birthday, dear eurozone! Europe’s economic and monetary union turned 20 on 1 January 2019  The launch of the euro two decades ago brought tangible benefits to people and companies across the EU. A ceremony in Parliament on 15 January marked the event. Launched on world financial markets on 1 January 1999, the euro was […]

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#BankingUnion: Moscovici says backstop has to be credible and capable of rapid deployment

#BankingUnion: Moscovici says backstop has to be credible and capable of rapid deployment

| November 6, 2018

Economic and Financial Affairs, Taxation and Customs Commissioner Pierre Moscovici said following the Eurogroup meeting (5 November) that more was needed to take more action for making the euro more resilient and fostering economic growth. The Eurogroup continued its discussion on establishing a common backstop for the Single Resolution Fund (SRF) and how to enhance […]

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Almost three quarters of French against ditching #euro

Almost three quarters of French against ditching #euro

| March 10, 2017 | 0 Comments

Almost three quarters of French people are against leaving the eurozone currency bloc and returning to the franc, a survey showed on Friday (10 March), in bad news for far-right leader Marine Le Pen who advocates a so-called ‘Frexit’, writes Michel Rose. Some 72% of the French polled by the Elabe polling institute in a […]

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French finance minister says #ECB never tries to manipulate euro rate

French finance minister says #ECB never tries to manipulate euro rate

| February 13, 2017 | 0 Comments

The European Central Bank never tries to manipulate the euro exchange rate for trade or competitive policy reasons, French Finance Minister Michel Sapin said in an interview published on Monday (13 February), echoing other politicians rejection of U.S. claims.  U.S. President Donald Trump’s top trade adviser, Peter Navarro, this month said Germany was exploiting the […]

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Out of pocket, Italians fall out of love with the #euro

Out of pocket, Italians fall out of love with the #euro

| February 8, 2017 | 0 Comments

When the Italian central bank’s deputy governor joined a radio phone-in show last week, many callers asked why Italy didn’t ditch the euro and return to its old lira currency, writes Gavin Jones. A few years ago such a scenario, that Salvatore Rossi said would lead to “catastrophe and disaster”, would not have been up […]

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