euro | ABS-CBN News

Gov't eyes euro bond sale, says Finance Chief

Warren De Guzman, ABS-CBN News
Posted at Feb 03 11:58 AM

The Philippines is eyeing the issuance of euro-denominated bonds due to the clamor of investors, Finance Secretary Benjamin Diokno said on Friday. Read more »

Croatia switches to euro, enters borderless Europe club

Lajla Veselica, Agence France-Presse
Posted at Jan 01 11:42 AM

Croatia on Sunday switched to the euro and entered Europe's passport-free zone -- two major milestones for the country after joining the EU nearly a decade ago. Read more »

Croatia set to enter euro, borderless Europe club

Lajla Veselica, Agence France-Presse
Posted at Dec 31 04:33 PM

Croatia was counting the last hours Saturday before switching to the euro and entering Europe's passport-free zone -- two milestone steps for the country since joining the EU nearly a decade ago. Read more »

Dollar falls after Federal Reserve shift in tone, stocks mixed

Agence France-Presse
Posted at Dec 02 08:24 AM

The dollar continued to retreat on Thursday in the US on shifting expectations for US monetary policy, while global stocks finished mixed after digesting data showing record low eurozone unemployment and a moderation in US inflation. Read more »

ECB unveils another jumbo rate hike to tackle inflation

Michelle Fitzpatrick, Agence France-Presse
Posted at Oct 27 09:25 PM

The European Central Bank on Thursday rolled out another bumper rate hike to combat soaring inflation, despite growing concern that the eurozone is hurtling towards a painful recession. Read more »

Euro bounces back above dollar parity

Agence France-Presse
Posted at Oct 27 01:59 AM

The US currency slid against its main rivals on concerns over the world's biggest economy. Read more »

ECB again eyes jumbo rate hike to tame inflation

Michelle Fitzpatrick, Agence France-Presse
Posted at Oct 24 02:10 PM

Inflation in the 19-nation eurozone climbed to an all-time high of nearly 10 percent in September, five times the ECB's target of two percent. Read more »

'Euro general' caught with 105,000 euros in cash fined for violating BSP circular

Adrian Ayalin, ABS-CBN News
Posted at Oct 07 04:23 PM

Ex-comptroller Eliseo Dela Paz was detained at the Moscow airport in 2008 for carrying 105,000 euros. He was ordered to pay a P200,000 fine. Read more »

Pound hits 37-year low as recession fears grow

Agence France-Presse
Posted at Sep 23 05:08 PM

The pound fell to a fresh 37-year low against the dollar Friday as traders grow increasingly worried about the economic outlook. Read more »

Euro slides as Fed chief steals ECB's rate hike thunder

Agence France-Presse
Posted at Sep 09 08:37 AM

The euro slid on Thursday against the dollar despite a record interest rate hike by the European Central Bank as Federal Reserve chief Jerome Powell also signaled a tough approach against inflation. Read more »

Dollar weighs on yen and euro

ABS-CBN News
Posted at Sep 07 04:13 AM

The dollar struck a 24-year high of $142.98 yen, while the euro sank to $0.9864, a level unseen since December 2002. Read more »

Global stocks fall as Euro hits new 20-year low

Agence France-Presse
Posted at Aug 24 08:19 AM

Global stocks were down Tuesday as the euro dove to a new two-decade low against the dollar and traders waited nervously for news on the next US interest rate hikes. Read more »

Eurozone economy shrinks again, hit by inflation

ABS-CBN News
Posted at Aug 23 08:50 PM

European economic activity fell for a second straight month in August, a survey revealed, as high inflation fuelled by Russia's war in Ukraine darkens the outlook. Read more »

Euro up as Russian gas returns, stocks waver ahead of ECB decision

Agence France-Presse
Posted at Jul 21 07:50 PM

The euro gained ground against the dollar after Russia resumed gas supplies to Europe but stock markets were twitchy ahead of an ECB policy meeting. Read more »

Euro strikes dollar parity as eurozone recession fears mount

Agence France-Presse
Posted at Jul 12 08:49 PM

The European single currency hit exactly one dollar -- its lowest level since December 2002 -- before rising to $1.0023. Read more »

Euro hits 20-year low vs dollar amid recession fears

Agence France-Presse
Posted at Jul 06 09:14 AM

European stocks sank Tuesday along with oil prices, while the euro slumped towards parity with the dollar on deepening recession fears as central banks contend with soaring inflation. Read more »

PH shooters bag 2 golds in Extreme Euro Open

ABS-CBN News
Posted at Jun 27 03:50 PM

The Philippines' top shooters brought home eight medals -- including two golds -- at the recently-concluded 2022 Extreme Euro Open. Read more »

ECB to end stimulus in prelude to rate hikes

Sebastien Ash, Agence France-Presse
Posted at Jun 06 12:19 PM

The European Central Bank is set to draw a line under its massive bond-buying stimulus program at a meeting in Amsterdam on Thursday, as inflation in the eurozone soars to all-time highs. Read more »

Eurozone unemployment hits new historic low in March

Agence France-Presse
Posted at May 03 06:18 PM

The unemployment rate in the eurozone reached its lowest level ever recorded in March, the EU's official statistics agency said on Tuesday. Read more »

Europe braces for economic hit from Ukraine conflict

Mark John, Reuters
Posted at Feb 24 08:14 PM

Russia's invasion of Ukraine and how the world reacts could have wide-ranging repercussions for the European economy. Read more »