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Tag: Euro (Currency)

World

West African Countries Take a Step Away From Colonial-Era Currency

December 21, 2019December 22, 2019Ruth MacleanComments Off on West African Countries Take a Step Away From Colonial-Era Currency

A bloc of eight countries will rename their French-backed currency and France will scrap a contentious requirement for reserve deposits.

World

The E.U. Has 4 Main Chiefs. What Do They Do?

June 20, 2019Matina Stevis-GridneffComments Off on The E.U. Has 4 Main Chiefs. What Do They Do?

The race to name the presidents of the four institutions that run the European Union is on. Here’s what each of institution does, and why it matters.

World

Italy’s Toying With a ‘Mini-BOT’ Worries E.U. and Investors

June 13, 2019June 13, 2019JASON HOROWITZComments Off on Italy’s Toying With a ‘Mini-BOT’ Worries E.U. and Investors

The populist government says issuing mini-treasury bills, similar to IOUs, would help Italy deal with its debt. Others see a scheme to leave the euro.

World

European Union Warns Italy to Reduce Spending and Borrowing

June 5, 2019June 6, 2019STEVEN ERLANGERComments Off on European Union Warns Italy to Reduce Spending and Borrowing

The warning by the European Commission was expected in the face of a populist government that intends to cut taxes and increase spending and despises Brussels.

World

New 100- and 200-Euro Notes Are Safer, Sturdier and Vegan Friendly

May 28, 2019May 28, 2019ILIANA MAGRAComments Off on New 100- and 200-Euro Notes Are Safer, Sturdier and Vegan Friendly

The bills, which entered circulation on Tuesday, complete the European Central Bank’s overhaul of paper money to make it easier to handle and harder to forge.

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