Euro rallies on rising prospect of historic German debt deal
The euro rallied on Friday on rising prospects that German parties will agree a historic fiscal deal that could boost defence spending and revive growth in Europe's largest economy. The euro rose 0.49% to $1.
German Greens Party Source Says Agreement Reached on Debt Deal
An agreement has been reached on plans by German chancellor hopeful Friedrich Merz to massively ramp up public borrowing, a source from the Greens party said on Friday, adding: "We are satisfied." Greens' support is seen as crucial to Merz's bid to pass the debt plan with a two-thirds majority in Germany's outgoing parliament.
German parties agree on historic debt deal, source close to talks says
Germany's chancellor-in-waiting and leader of the Christian Democratic Union party (CDU) Friedrich Merz speaks during an extraordinary meeting of the German Bundestag, to discuss a €500-billion infrastructure fund and a revamp of borrowing rules aimed at modernizing the military and stimulating economic growth ahead of the formation of a new parliament at end of March,
Euro zone markets rally on reports that German parties agree fiscal deal
Euro zone shares and the euro rallied on Friday following news that German Chancellor-in-waiting Friedrich Merz reached an agreement with the Greens on a massive increase in state borrowing just days ahead of a parliamentary vote next week.
Dollar firm, euro drifts as global trade tensions escalate
The U.S. dollar was broadly firmer on Friday with the euro pulling further away from a five-month peak as markets grappled ...
Euro Zone Equity Volatility Jumps to Seven-Month High on Tariff Jitters
The euro STOXX equity volatility index spiked to its highest since early August on the news and was last up 1 point at 24.8.
Huge boost for British tourists as £6 'euro-visa' scheme delayed again
The highly-anticipated £6 euro-visa launch that holidaymakers have been dreading has thankfully been postponed until late ...
German state railway stuck in red with 1.8 bln euro net loss in 2024, figures show
German rail operator Deutsche Bahn (DBN.UL) posted a net loss of almost 1.8 billion euros ($1.95 billion) last year following ...
A 2025 Overview Of What You Need To Know About The Digital Euro
A big part of the European Central Bank's drive towards the Digital Euro is to compete and pry Europeans away from Bitcoin, ...
Brits in Spain issued police warning over new '50-euro trick' used by scammers
Brits heading for Spain and its islands have been warned by the police to watch out for scammers' new trick involving a ...
Decrypt20h
Digital Euro Awareness Has Risen, But Interest in Using One Has Not: ECB
The European Central Bank has found that awareness about a digital Euro has risen, but interest in using one has not.
EU ponders 800 billion euro plan to beef up defenses to counter possible US disengagement
The chief of the European Union’s executive is proposing an 800 billion-euro ($841 billion) plan to beef up EU defenses.
Euro jumps to five-month high on hopes for Ukraine ceasefire; Canadian dollar rebounds after Trump tariffs
The euro hit a five-month high on Tuesday after Ukraine agreed to a 30-day ceasefire proposal, while the dollar rose to a one ...