Convergence criteria ensure that a member state is ready to introduce the euro without causing economic risks for the entire euro area. Find out which criteria need to be met for an EU member state to participate in the single currency.
The euro zone economy, skirting recession for more than a year, ended 2024 on a weak note, several key indicators showed on Wednesday, suggesting that a long hoped for recovery remains a distant prospect.
While establishment pundits in the U.S. panic over Trump’s commitment to NATO, it could well be that NATO collapses in the face of Europe’s economic and political decay.
Interest rates are set to fall again in most European countries, even as new data shows inflation surging on the back of higher energy costs. Consumer prices among the 20 countries using the euro increased 2.
The pan-European Stoxx 600 index ended the session down 0.27%, having traded higher for most of the morning session. Most major bourses and the majority of sectors also closed the day in negative ...