Euro

The fiscal authorities of the European Union are considering the possibility of abolishing the coins which represent the value of one and two euro cents, according to an EU document that recently became public. The European Commission is thinking about...

A new book published on Thursday about the history of the European Stability Mechanism (ESM) reveals new details of how Greece's exit from the Eurozone was on the table for negotiations in 2015. Perhaps most surprisingly, this was the...

It is highly improbable that issues involving Greece will be discussed at Thursday's Eurogroup in Luxembourg, a top Eurozone official said on Wednesday to the state-run AMNA news agency. AMNA quotes the same official as saying that the third report...

The Center for European Policy (CEP) published a study on Monday which states that Greece added €2 billion to its economy in the sixteen years between 2001 and 2017. This figure is of course quite low compared to other Eurozone...

Eurozone officials warned on Monday that Greece is on the brink of missing out on the first installment of approximately €750 million from the debt-relief scheme that was agreed on a few years ago. The Greek government has significantly delayed the implementation...

Two Germans are raising eyebrows in the world of numismatics after listing two 2-euro coins on eBay with an asking price of several thousand euros. The sellers claim that their coins, which were among the first to be issued in 2002,...

The European Central Bank revealed the new €100 and €200 banknotes in Frankfurt. The new banknotes will be available from May 28, 2019 and they will replace the old ones that have been in circulation since January 1, 2002. The two...

The cost of labor was increased by 2.2 percent in Euro-area during the second quarter of 2018, according to data published by Eurostat. This didn’t happen due to higher wages but mainly because of the increase in taxation of labor. Across...

Greece’s state budget primary surplus was €605 million ($702 million) higher during the first seven months of 2018 compared to the same period last year, the State Budget Office of the Hellenic Parliament announced in a report. The report also...

European Commission President Jean-Claude Juncker has told an economic forum in Brussels that Greece will soon leave its bailout program. Juncker was speaking at the Brussels Economic Forum where he also said Europeans should be "proud of the creation of...