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.
“What a lot of investors have forgotten is that historically the euro has been a safe-haven currency,” said Bipan Rai, director of foreign-exchange strategy at Canadian Imperial Bank of Commerce's CIBC World Markets unit.
... monetary policy announcement due later in the week. A soft print that weighs on the Euro may hint at building stimulus expansion bets, whereas a lackluster response would suggest traders expect Mario Draghi and company to remain on auto-pilot for now.
The Italian soccer federation announced some bad news for Sebastian Giovinco on Monday, officially ruling the Toronto FC attacker out of Italy's Euro 2016 qualifiers this week due to the adductor injury that forced him out of TFC's 2-1 win over ...
Athens (AFP) - With just three weeks to go before Greece's snap elections, analysts say charismatic ex-premier Alexis Tsipras remains popular with an electorate determined to stay in the euro -- even if it means more painful austerity.