Search result for EURO

European equities end higher on the U.S. debt ceiling agreement; Swedish real estate giant SBB gains 30%.
After U.S. lawmakers enacted a bill to extend the debt ceiling and cap government spending for two years just days before the deadline to avoid default, European financial markets ended the day higher on Friday.
The Stoxx 600 index finished with a gain of 1.5% after Wednesday's two-...

In a recessionary Germany, Berlin prepares for a conflict over budget cuts
The largest economy in Europe is experiencing financial difficulties for the first time in nearly a decade, and it is up to three contending parties to resolve them.
Official data released on Thursday revealed that Germany has officially entered a recession, with economic output falling...

Germany is in a slump, so Berlin is getting ready for a fight over budget cuts.
For the first time in almost a decade, Europe's biggest economy has money problems, and it's up to three fighting parties to fix them.
Official numbers released Thursday show that Germany is now in a recession. During the first quarter of the year, the country's gross domest...

Macron of France and Juncker of the European Union have asked China to mediate the conflict in Ukraine.
On Thursday, two of Europe's most powerful political figures met with Chinese President Xi Jinping, at a time when relations between the European Union and China are at a critical juncture.
During trilateral and bilateral meetings following a military parade, French President Emmanu...

After a surprising cut by OPEC and allies, European markets end the day lower, while oil and gas stocks rise by 4 percent.
Monday's slight decline across Europe's stock markets came as investors focused on the oil market in the wake of a surprise production cut by the OPEC+ alliance.
After being flat for most of the afternoon, the pan-European Stoxx 600 index ended up 0.1%.
Brent crude fut...

Widening chasm in 'excess deaths' between Europe and the US
The United States has significantly higher death rates than five similarly high-income European countries, with the exception of the oldest age group, according to new research from the University of California, Los Angeles (UCLA).
Patrick Heuveline, a sociologist at UCLA, conducted a s...

Pandora's Box: Europe mulls new ties with China
If Chinese President Xi Jinping chooses to "befriend a war criminal," then "it is our duty to get very serious about China," Gabrielius Landsbergis, the foreign minister of Lithuania, told German broadcaster DW. Landsbergis was responding to a question about the three-day visi...

Dollar gains ground as attention shifts to inflation in Europe
Following unfavorable surprises in Germany, France, and Spain that gave the euro a boost this week, the dollar took a breather in Asia on Thursday, stabilizing as U.S. yields increased and investors awaited European inflation data. The dollar's 0.9% loss against the euro on Wednesday was the ...

In joining the US subsidy race, Europe risks ushering in a new era of protectionism.
Joe Biden's clean technology law has dragged the European Union into a subsidy battle that might spark a transatlantic trade war, just as the allies are banding together to counter Russia's invasion of Ukraine. The EU has consistently maintained the global rules-based system, even as the ...

After Powell's remarks, European stocks hit a nine-month high, as the dollar wobbles.
On Wednesday, global stocks soared and most currencies rallied against the dollar as investors perceived a dovish tone in comments from Federal Reserve Chair Jerome Powell, albeit an ECB policy change meant European bonds sat out the rally. MSCI's world stock index increased 0.3%, returning t...

After hacking the Exclu encrypted chat app, cops make arrests and seize drugs.
European authorities have shut down an encrypted messaging service used by thousands of people, including members of organized crime gangs. Following a multi-country investigation into the Exclu encrypted messaging service, a coordinated operation conducted by Dutch and German police resulted in ...

Europe risks ushering in a new era of protectionism by joining the US subsidy race.
Joe Biden's clean technology law has drawn the European Union into a subsidy battle that might spark a transatlantic trade war, just as the allies are banding together to counter Russia's invasion of Ukraine. Even as the US has grown increasingly antagonistic to the limits imposed by the ...

The final day of RC72 saw historic agreements and record attendance
The 72nd session of the Regional Committee for Europe (RC72), which included a record number of ministers, nongovernmental organization representatives, youth delegates, and international partners, concluded today after three days of discussions and deliberations that will further shape the work ...

Expert to French privacy watchdog says Apple should pay a 6 million euro fine
Apple should face a 6 million euro ($6.3 million) fine for breach of privacy a top advisor to France's data protection authority's penalty board recommended on Monday that Apple be fined 6 million euros ($6.3 million) for violating privacy rules. The CNIL's sanction body can cho...

According to a consultant for France's data protection authority, Apple should pay a hefty fine of 6 million euros
The chief adviser to the French data protection authority has recommended that Apple be fined 6 million euros ($6.3 million) for violating privacy rules, and such suggestions often carry a great deal of weight when it comes to the watchdog's ultimate decision. Francois Pellegrini, the authori...

Borrowing more money to compete with the United States, according to Germany, would constitute a threat to Europe
If Europe takes on additional debt to match U.S. green subsidies, Germany warns, the continent's competitiveness would suffer. When it comes to the U.S. Inflation Reduction Act (IRA), the European Union has been quite loud about its worries, claiming that the act's subsidies for North Ame...

High precision time protocols, originally designed for Europe's Big Science, guarantee honest financial transactions
It was European scientists who, more than a decade ago, developed extremely precise network time distribution procedures for CERN. Numerous sectors, including banking, have recently begun using them. John Fischer, Oralia’s v. p. of advanced research, holds his hands approximately 30 centime...

What to anticipate from France's technology industry in 2022
France is rapidly becoming one of Europe's most important digital hubs, with a thriving ecosystem that has been expanding rapidly in recent years. The country has all the makings of a major player on the international startup. There were numerous noteworthy achievements and encouraging develo...

Scholz has given Germany a new position in Europe. Here's how it appears a year later
If his first year in office is any indication, Olaf Scholz has taken on Angela Merkel's mantle of "crisis chancellor."
War broke out on European territory only two months into his presidency, and the current debate over how much military and financial help the European Uni...

Conference on Physical Activity for Health in Europe in 2022
The World Health Organization's annual conference for the European network to promote physical activity for health is being held at the Université Côte d'Azur in Nice, France this year (HEPA Europe).
The mission of the Health Enhancing Physical Activity (HEPA) Europ...