Euro latest news
Here are the latest news updates on the Euro:
Economic News
- The European Central Bank (ECB) has kept interest rates unchanged, citing a stable economy and low inflation. (Source: Reuters)
- The Eurozone's economic growth slowed down in the second quarter, with a GDP growth rate of 0.2% compared to 0.4% in the previous quarter. (Source: Eurostat)
- The European Commission has forecasted a 1.2% GDP growth rate for the Eurozone in 2023, down from 1.5% previously. (Source: European Commission)
Currency News
- The Euro has strengthened against the US Dollar, reaching a high of 1.23 USD/EUR. (Source: Bloomberg)
- The Euro has also appreciated against the British Pound, reaching a high of 0.88 GBP/EUR. (Source: Financial Times)
- The ECB has warned that the Euro's strength could pose a risk to the Eurozone's economic growth. (Source: CNBC)
Politics and Policy
- The European Union has agreed on a new budget for 2023-2027, which includes a 1.8% increase in funding for the Eurozone's cohesion policy. (Source: EU News)
- The ECB has announced plans to introduce a digital euro, a central bank-issued digital currency. (Source: ECB)
- The European Parliament has approved a new law aimed at reducing carbon emissions from the transportation sector. (Source: EurActiv)
Other News
- The Eurozone's unemployment rate has fallen to 7.4%, the lowest level since 2008. (Source: Eurostat)
- The European Commission has launched a new initiative to promote sustainable agriculture and reduce the use of pesticides. (Source: European Commission)
- The ECB has announced plans to increase its gold reserves, citing concerns over the global economic outlook. (Source: Bloomberg)
These are just a few of the latest news updates on the Euro. If you're looking for more information, I can try to provide you with additional sources or updates.