The euro steadied on Monday after a brief rally following the election victory of Germany's conservatives as attention turned to how long coalition talks will take. The dollar edged up from a two-month low amid worries over the growth outlook for the U.
Spain will provide Ukraine with a new military aid package worth 1 billion euros ($1.05 billion) this year, Prime Minister Pedro Sanchez said on Monday in Kyiv during an international meeting held on the third anniversary of Russia's invasion.
Bulgaria, European Union
· 2d
1,000 Bulgarian nationalists protest against government plans to adopt euro currency
· 2d
Bulgaria's Anti-Euro Protesters Try to Storm EU Mission Building
Bulgarian nationalists vandalise EU building in protest against plans to join eurozone
Police said that several demonstrators had been arrested, while some officers had been injured during the clashes. View on euronews
The euro opened higher in Asian trade on Monday as Germany's conservatives won its election as expected, with investors awaiting further results to see whether much-needed fiscal reform was likely. The conservative CDU/CSU bloc won 28.
German stocks rallied on Monday and the euro reached a one-month high after Germany’s election result put centrist parties on track to form a coalition.
Germany, Eurozone and Out Growth
EU approves $960 million in German aid
· 4d
EU approves 920 million euro German aid for Infineon chips plant
Brussels signs off on German subsidies for Infineon microchip plant
Infineon gets EU nod for €920M German aid for chip facility
The European Commission has approved a €920M German aid to Infineon Technologies (OTCQX:IFNNY) (OTCQX:IFNNF) to help build a new semiconductor manufacturing plant in Dresden. The measure will allow Germany-based Infineon to complete the MEGAFAB-DD project which will be able to produce a range of different types of chips,
The pound traded lower against the euro on Monday after Germany's conservatives won a national election as expected. The euro initially rose to its highest in more than two weeks against the pound, but pared some of those gains and was last up 0.
The pound is rising by 0.3% against the dollar but is falling 0.2% against the euro after the German vote too. Stay with us for everything that matters to UK markets.
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,
Yes, it's an unlikely origin, but every trend starts somewhere, and this one is all the rage across the league.
The euro and German stocks rallied on Monday as investors welcomed Germany’s election result that put centrist parties on track to form a coalition, although optimism was tempered by potentially tricky negotiations over economic policy.
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