Euro

NEW YORK – American shares strengthened during Wednesday's shortened trading session, with the S&P 500 and Dow Jones indices closing at record highs. Investors bought shares...

MOSCOW – The United States is trying to block a reparations loan prepared by the European Commission (EC) that includes the expropriation of Russian assets, as this could...

The new French Prime Minister, Sébastien Lecornu, handed over the resignation of his government to President Emmanuel Macron this morning - the President accepted it, according to an official Elysee statement. ...

Few concepts are as fundamental - and as widely misunderstood - in global finance as "fractional reserve lending". They are ...

BUDAPEST - At least 20 percent of the money of the European people, and therefore 20 percent of the money of the Hungarian people, would go to Ukraine, ...

While the average depositor may assume that they "own" the money in their bank account, the legal framework across the European Union says otherwise: deposits are not ...

OPEC and its allies, collectively known as OPEC+, announced a decision to increase oil production by 548,000 barrels per day (bpd) in August, ...

The EU Council has announced that EU finance ministers have approved the last three laws needed for the introduction of the euro in Bulgaria from 1 January ...

SOFIE/BRUSSELS - The European Commission confirmed in its convergence report of 4 June that Bulgaria meets all the necessary criteria for the adoption of the common European ...

The UK is proposing to transfer nearly €200 billion of frozen Russian state assets managed by the Belgian company Euroclear into a separate investment fund. According to ...