In the EU, hourly wages reached €54 — more than a third of the nominal “minimum” in Ukraine
According to Eurostat, the lowest hourly wages in 2023 were recorded in Bulgaria at 9.23 euros, while the highest wages were recorded in Luxembourg at 53.9 euros/hour….
The EU will require banks to hold a euro of equity for every euro in cryptocurrency
On Tuesday, European Union lawmakers backed a draft law to implement the latest phase of post-financial global banking capital rules, adding so-called “prohibitive” requirements to cover risks…
In 2023, the NBU may weaken the official rate: analysts told how the price of the currency in Ukraine will change
According to experts, the official exchange rate of the dollar in Ukraine may rise to 40 hryvnias in 2023, but will not reach the mark of 45…
New Euro coin axed amid row over ‘stolen’ photograph
Stjepan Pranjkovic, the designer who submitted the winning entry, then announced he was withdrawing his design and vowed to return nearly £8,000 in prize money. Mr Leach…
Germany’s marriage to the euro is tearing at the seams
And yet, still clinging to the mantra that the spike in prices is “transitory”, and to the likely delusional belief that inflation will be back to target…
Host of threats leaves eurozone facing another tumultuous year
War on its doorstep, the far-right in power, rows over debt rules and the ECB stuck in an inflation bind: 2022 could be anything but smooth sailing…
After 20 years the euro is entering its most perilous decade
First, inflation. The first 20 years of the euro’s existence were fundamentally deflationary. The globalisation of supply chains, aging societies, a glut of savings, and new web-based…
Christine Lagarde orders redesign of euro banknotes to make them ‘more relatable’
Euro banknotes are to undergo a major redesign, as the bloc’s central bank strives to make the currency “more relatable to Europeans of all ages and backgrounds”….
Fourth wave will hammer the euro and drag Europe into a recession
Most significantly of all, there are regional restrictions in Germany, with daily infections soaring past 60,000, and there could be a full national lockdown very soon. We…