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Keywords: Euro


Morocco’s dirham strengthens against dollar, slips slightly versus euro in July

The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......

Germany sees rise in counterfeit euro banknotes in early 2025

Germany’s central bank, the Bundesbank, reported a noticeable increase in counterfeit euro banknotes during the first half of 2025. A total of approximately 36,600 fake banknotes were withdrawn from circulation, with a nominal value of around €2.1 million. This figure reflects an 8% increase......

Morocco-Spain tunnel: forging a new era of Euro-African connection

A proposed tunnel under the Strait of Gibraltar is drawing fresh attention as Morocco and Spain renew efforts to bridge their continents. Beyond the technical challenges, the project symbolizes a potential transformation in diplomacy, trade, and cultural integration between Europe and Africa. Reviving......

Lamine Yamal’s Instagram post reignites Spain-France rivalry before Nations League semi-final

Spanish winger Lamine Yamal reignited tensions ahead of the UEFA Nations League semi-final against France by sharing a video on Instagram. The clip showed his goal against France in last year’s Euro 2024 semi-final. The timing drew immediate attention. French daily L’Équipe described......

Euro's potential rise amid shifting global economic landscape

European Central Bank President Christine Lagarde recently underscored a significant transformation in the global economic order, one that has relied heavily on the leadership of the United States and the dominance of the US dollar. Speaking at the Hertie School in Berlin, she articulated concerns over......

Morocco successfully issues €2 billion international bond

The Kingdom of Morocco announced on March 26, 2025, the issuance of a €2 billion bond on the international financial market in two tranches, as reported by the Ministry of Economy and Finance. The first tranche, with a maturity of four years, amounted to €900 million and was issued at a spread......

Morocco secures €2 billion in euro bonds for World Cup 2030 preparations

Morocco has successfully raised €2 billion ($2.2 billion) in euro-denominated bonds, marking its first eurobond sale in five years. This significant financial move attracted bids totaling over €6.75 billion, surpassing initial expectations by €500 million. The funds will primarily support......

Morocco eyes €1 billion euro bond sale amid falling yields

Morocco is preparing to tap international debt markets with a new euro-denominated bond issuance, its first since 2023, to help finance an ambitious infrastructure development program ahead of co-hosting the 2030 FIFA World Cup. Finance Minister Nadia Fettah Alaoui emphasized the country's current......

OMODA E5: The All-Electric SUV Arrives in Morocco

CFAO MOBILITY has officially introduced the new OMODA E5, a fully electric SUV, at the Green Impact Expo & Summit 2025 in Casablanca. Designed for environmentally conscious drivers, the OMODA E5 boasts a 430 km range, cutting-edge technology, and a 5-star Euro NCAP safety rating. A Futuristic and......