Czech police detained 22 people and carried out 46 searches linked to suspected corruption at the country's biggest hospital involving 160 million euros ($167.50 million) in European Union (EU) funds,
Bulgaria, euro and protest
FX Daily: Euro welcomes German election result
Euro Looks Expensive Given German Election Risks
The euro trades at high levels given the risks surrounding Germany’s election result, Monex Europe analysts say in a note. Friedrich Merz pledged to remake the country’s security arrangements and achieve independence from the U.
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German election day 2: Euro ‘relief’ as single currency makes gains
The euro initially reacted positively to the German election results, as the AfD’s rise was mainly in line with expectations, and markets welcomed the idea of a more stable two-party coalition after the outgoing government’s three-way deadlock. But let’s be real—this is just a honeymoon trade.
The European Union (EU) estimates that the first wave of Donald Trump’s steel and aluminium tariffs will hit as much as 28 billion euros (S$39 billion) of the bloc’s exports in what would be a massive escalation in the US president’s trade war.
Die Europäische Union schätzt, dass die erste Welle der von Donald Trump geplanten Strafzölle auf Stahl und Aluminium Exporte im Wert von bis zu 28 Milliarden Euro treffen könnte. Dies wäre eine massive Eskalation im Handelskrieg des US-Präsidenten.
"Two billion euros were provided to enhance Ukraine's energy security, more than 8.850 electric generators and over 3,600 transformers were supplied. Some 160 million euros were granted in fall 2024 to repair power plants and networks, supply equipment, etc.," the press service said.
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