The thing is, the euro has repeatedly bounced back. In 2012, for example, it ended the year against the dollar more or less where it started, at around $1.30, despite a summertime blast down to $1.20 or so.
I never thought a truck-driving simulator could be fun, but Euro Truck Simulator 2 proved me wrong. There is something soothing in watching the world go by from the high and mighty cockpit of a Volvo FH16 Globetrotter XL.
BRUSSELS (Reuters) - European officials gave a lukewarm response to French President Francois Hollande's sweeping proposals for deeper euro zone integration on Friday, noting that many of his ideas were already in circulation. In a 2-1/2-hour news ...
The trade surplus for the euro zone hit its highest level in March since the bloc was formed in 1999, driven by a continued decline in imports that reflects very weak demand at home as well as steadily rising exports.
PARIS - Europe slipped deeper into a widespread recession, according to data released Wednesday. But when European heads of state meet next week in Brussels, no big announcements about plans to stimulate growth are expected.
Both Spain and Italy, which have taken turns at the forefront of the euro zone debt crisis in the past two years, have cashed in on investor appetite for higher-yielding assets this year, spurred by ultra-easy central bank policies.
Denmark is shelving indefinitely its euro adoption goal as Prime Minister Helle Thorning-Schmidt says an exchange rate peg without full European monetary membership is proving the best currency regime for the Nordic nation.