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Keywords: Euro
The European Central Bank is expected to keep its deposit rate at 2.00 percent at least until the end of 2026, marking what would become its longest stretch of stable borrowing costs since the end of the negative interest rate era, according to a Reuters survey published this week. In the poll conducted......
The European Parliament on Wednesday approved a 90 billion euro loan package for Ukraine, representing the largest single financial commitment by the European Union to Kyiv since Russia launched its full scale invasion nearly four years ago. The funding is designed to sustain Ukraine’s defense......
Europe must urgently reduce its reliance on US payment giants Visa and Mastercard, the head of the European Payments Initiative has warned, as officials grow increasingly concerned that American-controlled financial infrastructure could be used as leverage amid worsening transatlantic relations. Martina......
EU ambassadors reached agreement Wednesday on the legal framework for a 90 billion euro loan to Ukraine. The deal, finalized in a closed-door Brussels meeting, clears a major hurdle for fund transfers starting in April. This marks the bloc's largest single financial commitment to Ukraine since Russia's......
BBVA has abandoned its individual stablecoin project to join Qivalis, a consortium of 12 major European banks developing an euro-pegged stablecoin. Announced Wednesday, the Spanish bank's entry unites some of Europe's largest financial institutions under a single regulatory framework to challenge......
Poland is not in a hurry to adopt the euro, as its economy is currently performing better than many countries within the eurozone, according to the country’s finance minister. In recent comments, Finance Minister Andrzej Domanski explained that Poland’s strong economic growth and stable......
Philip Lane, the European Central Bank's chief economist, stated on Friday that the euro is well-positioned to capture a larger share of investor portfolios amid growing doubts about the dollar's effectiveness as a global safe-haven asset. Speaking at the Danish Economic Society conference in......
Germany will host the 2029 UEFA Women’s European Championship, the governing body announced following a decision by its Executive Committee. The German bid prevailed over two competitors: a joint proposal from Denmark and Sweden, and a separate bid submitted by Poland. This will be the third time......
The Spanish government has officially tasked public engineering firm Ineco with designing the reconnaissance gallery for the long-awaited Morocco-Spain tunnel project, marking a significant milestone in the decades-old initiative. This ambitious undertaking envisions a railway connection under the Strait......