Eurozone

Many states, one currency
A common currency for Europe – with the introduction of the euro more than 20 years ago, that vision became reality. More recently the monetary union was put to the test during the European sovereign debt crisis. And while the perspectives for the euro zone as a whole are better than they have been in a long time, major reforms are on the horizon. In addition, an expansion of the common currency to all EU member countries is being debated. As a result the new chairman of the Eurogroup, Mario Centeno, already has his work cut out for him.
24.04.2018, Belgium, Brussels: Federica Mogherini, High Representative of the EU for Foreign Affairs and Security Policy, and Staffan de Mistura, UN envoy to Syria, speak at a press conference at the Syria Conference. At the beginning of a two-day donor conference for the victims of the Syrian civil war, aid organizations have called for generous financial commitments. Photo: Thierry Roge / BELGA / dpa +++ (c) dpa -Bildfunk+++
24.04.2018, Belgium, Brussels: Federica […]

EU to urge regional powers to ensure progress on Syria peace talks

The European Union on Thursday called for a swift restart of the stalled United Nations peace talks for Syria, worried by Russia’s efforts to tighten the grip on power of its ally, President Bashar al-Assad.
German Chancellor Angela Merkel (R) and French President Emmanuel Macron stand behind a model of the Humboldt Forum in the Berlin Palace before talks in Berlin on April 19, 2018. Photo: Kay Nietfeld / POOL / AFP
German Chancellor Angela Merkel (R) and […]

Germany hits brakes on Macron’s European dreams

French President Emmanuel Macron's vision for a stronger EU may be under threat as a growing rift emerges with Germany on everything from defence to his plans for deeper eurozone integration.
ARCHIVE - 07.08.2014, Baden-Württemberg, Stuttgart: A construction worker works on a construction site on a cement tank. (to dpa: "Construction boom: Baden-Württemberg must trash waste in other countries" from 30.01.2018) Photo: Sebastian Kahnert / dpa +++ (c) dpa - Bildfunk +++
ARCHIVE - 07.08.2014, Baden-Württemberg […]

Eurozone unemployment fell further to 8.5 per cent in February

Europe's economic recovery is rolling ahead, driving down unemployment to the lowest in nearly a decade.
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