FILE - In this Tuesday, Feb. 24, 2015, file photo, Mario Draghi, president of the European Central Bank, stands next to a facsimile of the new 20 euro banknote in Frankfurt, Germany. Analysts are already talking about when and how the European Central ...
Issing raised eyebrows earlier this summer when he said that the euro's irreversibility was an "illusion," contradicting current ECB members who have insisted that there is no going back from the single currency.
RWE AG, Germany's largest power producer, is getting booted off the benchmark Euro Stoxx 50 Index after its shares dropped 49 percent this year, dragged down by a slump in electricity prices to the lowest in more than a decade.
Following yet another set of data that hints China's industrial engine has firmly slowed down, investors are fleeing from European equities while also herding into the eurozone common currency and the Japanese yen, Naomi Rovnick writes.
France's proposal to create an economic government for the euro area with its own budget requires treaty changes for which there is no appetite among European Union leaders, European Parliament President Martin Schulz said Monday.
Ivory Coast's economy has benefited from the stability of a currency pegged to the euro and has so far escaped any fallout from the economic slowdown in China, Prime Minister Daniel Kablan Duncan said.
The euro was mixed at $1.1287 and 135.91 yen from $1.1213 and 135.95 yen in US trade. Investors are looking for clues as to when the US Federal Reserve will raise its near-zero interest rates for the first time in almost a decade, after officials gave ...