(Bloomberg) -- Eighteen years after Bulgaria joined the European Union, the bloc’s finance ministers have finally cleared the way for it to adopt the euro currency in January 2026. The southeast ...

SOFIA, Bulgaria (AP) — Bulgaria is close to realizing its decades-old goal of joining the euro currency union and deepening ties with the more prosperous countries of Western Europe. But the ...

LONDON, May 29 (Reuters) - Sterling hit its strongest level against the euro since before 2022's mini budget crisis on Wednesday, as the pound held steady while the single European currency dropped ...

In September 2023, Nigeria was upbeat after Emirates Airlines agreed to resume direct flights to the country. This came after an 11-month hiatus, the root cause of which was an inability to repatriate ...

FRANKFURT, Germany (AP) — European Union officials gave the green light Wednesday for Bulgaria to become the 21st member of the euro currency union,, a key EU project aimed at deepening the ties ...

In 1999, when 11 European countries launched the Euro, a number of prominent American economists, including Milton Friedman and Martin Feldstein, warned that a common European currency would turn out ...

Would the drachma make a return to Greece if the country leaves the euro? — -- If Greece and its 11 million people left the European Union, it would be an unprecedented move within the monetary ...

20 years after joining the EU and formally signing up to adopt the bloc’s single currency, Czechia has made little progress in setting a clear path for its future in the EU’s core. The Czech European ...

This Economic Letter is based on a presentation Mark Spiegel prepared for a panel on “Optimal Currency Arrangements for Emerging Market Economies: The Experience of Latin America and Asia,” organized ...

The details of the campaign by France and Germany to save the euro became a little clearer Monday though substantial questions about it remain as the week winds toward a European Union summit on the ...

The European debt and banking crisis of 2008–11 posed unprecedented challenges for the International Monetary Fund. The IMF was accustomed to dealing with financial crises in developing countries; it ...

BERLIN (Reuters) - Germany and France have reached a consensus on steps to boost economic coordination within the euro zone as part of a comprehensive anti-crisis package that will also see the scope ...