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Rising US Debt Puts EU Borrowing Costs and Budgets Under Pressure
The surge in US government debt, now above $40 trillion, is increasingly affecting Europe as global borrowing costs rise and governments compete for investor capital. Germany’s 10-year borrowing costs recently…
Bulgaria joins euro zone amid excitement and scepticism
Bulgarian banks, businesses and shoppers this week prepared to say goodbye to the lev currency ahead of a move to adopt the…
Bulgaria prepares to adopt the euro
Bulgaria will become the 21st country to adopt the euro, but some believe the move could bring higher prices and add to…
Price Controls Rolled Out as Bulgaria Prepares for Euro Entry
Bulgaria introduces year-long price controls as it prepares to adopt the euro on January 1, 2024.
Could the euro replace the dollar as global reserve currency? It’s not getting any less likely
The US dollar remains the dominant global reserve currency, significantly impacting international economics.
Criteria to adopt the euro currency as Bulgaria awaits EU decision
Bulgaria's euro zone entry depends on meeting four key economic criteria by 2026.
EU to approve Bulgaria’s euro bid
Bulgaria aims to adopt the euro in 2026, boosting trade but facing inflation concerns.
Three-quarters of Poles oppose adopting euro
Nearly three-quarters of Poles are against replacing the national currency, the zloty, with the euro, according to a new report. The report,…
Bulgaria to ask for EU assessment on its readiness to adopt euro next year
Bulgaria plans to assess eurozone eligibility, facing public protests and economic concerns.
Euro hits lowest in 6-1/2 months vs dollar
The euro dropped to its lowest level in 6-1/2 months against the greenback on Monday as investors worried about possible U.S. tariffs…