currency union

FRANKFURT, Germany | EU leaders approve small steps to buttress euro currency

FRANKFURT, Germany  — European leaders agreed Friday to press ahead with work toward a limited, common eurozone budget and took other steps to strengthen the currency union’s resistance to downturns and crises. The budget proposal leaves its size undefined and it appeared to fall short of more sweeping ideas pushed by French President Emmanuel Macron. … Continue reading FRANKFURT, Germany | EU leaders approve small steps to buttress euro currency

FRANKFURT, Germany | Germany, France propose euro budget to bolster currency zone

FRANKFURT, Germany— A top eurozone official says the 19 countries that use the euro will push ahead with discussions on a eurozone budget proposed by France and Germany to make the currency union more resistant to crises. Mario Centeno, president of the eurozone finance ministers’ group, said that ministers had a “very good discussion” of … Continue reading FRANKFURT, Germany | Germany, France propose euro budget to bolster currency zone

ANKARA, Turkey | The Latest: Euro sags on concern over impact from Turkey

ANKARA, Turkey  — The Latest on Turkey’s financial turmoil (all times local): 11:40 a.m. The euro sagged to a 13-month low against the dollar amid worries about the impact of financial market turmoil in Turkey. The 19-country currency fell 0.7 percent to trade at $1.1450 in morning trading in Europe. The dollar, which traders buy … Continue reading ANKARA, Turkey | The Latest: Euro sags on concern over impact from Turkey