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Bulgaria on path to adopt euro in 2023: IMF
Bulgaria's plans to enter the eurozone's waiting room this spring and adopt the euro currency in 2023 are ‘completely foreseeable’, the head of the International Monetary Fund said.
US firms rush to euro debt markets
US companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have been hammered by the European Central Bank’s renewed stimulus push.
West Africa Monetary Union to reform CFA franc, keep euro peg
The West African Economic and Monetary Union has agreed with France to a number of changes to the CFA franc currency, including a new name, Ivory Coast’s President Alassane Ouattara said , as the West African bloc inches closer to a split from the French-backed currency.
Portugal, France, Germany drawn together at Euro 2020 as England gets Croatia
Reigning European champion Portugal will come up against World Cup winner France and Germany in the standout group at Euro 2020 following Saturday's draw for the tournament in Bucharest, as England came out alongside Croatia.
Euro-area economy moves closer to stagnation as orders fall
The euro-area economy came close to a halt in November as the steep decline in manufacturing spread further into services.
Euro area confidence improves for first time in almost a year
Euro area economic confidence unexpectedly improved in May, snapping an almost yearlong streak of declines when the region was battling through a host of struggles.
Euro zone trade surplus declines in November, energy imports rise
The euro zone's trade surplus with the rest of the world declined in November from a year earlier, data released on Tuesday showed, due to a sharp rise of imports.
Euro currency remains a work in progress on 20th birthday
The euro is about to celebrate its 20th birthday, but the countries that use it are still wrestling over how the shared currency should work and how to fix flaws exposed by the debt crisis that marred its second decade.
Euro edges off lows as dollar rally takes a pause
The euro clawed itself off recent lows on Monday as the dollar paused near 18-month highs and traders waited to see whether the U.S. Federal Reserve’s policy meeting this week would calm nerves about slowing global economic growth.
EU pushes euro to break dollar dominance
The EU commission on Wednesday presented its plan to reduce the dollar's overwhelming dominance of the global economy and to strengthen the role of the euro, particularly for energy transactions.
Italy leaving euro would be 'suicide' but other fallout looms – Juncker
There is no danger that Italy will abandon the euro as that would be suicidal but Rome’s disregard for European Union budget rules “will have consequences”, European Commission President Jean-Claude Juncker said in remarks broadcast on Friday.
ECB needs to better understand eurozone growth slowdown before ending QE
The euro to US dollar exchange rate fell to its lowest level since last November amid new political uncertainties in southern Europe, which occurred also against the backdrop of eurozone growth slowdown since the beginning of 2018.
EU plans to ditch dollar for Iran oil payments
The European Union plans to switch to the euro for oil purchases from Iran, eliminating the US dollar as the two sides work to protect bilateral trade against possible American sanctions, a report said.
Iranian economist: Dumping dollar 'logical', 'admissible'
An Iranian economist has hailed plans by the government of President Hassan Rouhani to replace the dollar with the euro in foreign-currency accounting as 'logical' and 'admissible'.
Iran switches from dollar to euro for official reporting currency
Iranian government institutions will start reporting foreign currency amounts in euros rather than US dollars, as part of efforts to reduce reliance on US currency.

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