According to Jefferies, the euro has reached a bottom “for now” and will only go higher from here this year. “The mood on [the] euro coming into 2025 was so sour, with most expecting a break of parity, but now the euro is flying,” said Brad Bechtel, an analyst at the bank.

The chief of the European Union’s executive is proposing an 800 billion-euro ($841 billion) plan to beef up EU defenses.

Egypt and the European Commission have signed a 90 million euro ($93.9 million) soft funding agreement to enhance food security, the Egyptian ministry of international cooperation said on Monday. The funding,

Senior German lawmakers sound alarm bells that a sudden cutoff could leave Europe dangerously exposed. BERLIN — The Bundestag’s top intelligence experts are calling for a European spy network, warning that Europe can’t rely on intelligence from the United States amid growing uncertainty.

The euro could rise further against the dollar as investors shift their focus toward the potential negative implications of President Trump's trade tariffs for the U.S. economy, Convera strategist George Vessey says in a note.

Compared with the same quarter of the previous year, employment increased by 0.7% in the euro area and by 0.5% in the EU in the fourth quarter of 2024, after +1.0% in the euro area and +0.8% in the EU in the third quarter of 2024.

Ireland may have to pay EU compliance costs of between 8 billion euros and 26 billion euros ($8.4 billion-$27.2 billion) if it does not swiftly implement its emissions-cutting plans by 2030, the country's fiscal and climate watchdogs warned on Tuesday.

So-called core inflation, which strips out energy, food, alcohol and tobacco costs, came in at 2.6% in February, also lower than January's print. Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday.

A 25 basis point cut to the ECB deposit facility rate is widely anticipated, marking the seventh cut in the current cycle. Click to read.

Bulgaria is set to request the European Union’s assessment on its readiness to join the euro area early next year, highlighting the government’s determination to move toward the single currency.