AfD Considers Softer EU Stance, Strategy Paper Shows

By admin October 5, 2026 No comment

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Germany’s far-right Alternative for Germany (AfD) is considering a change to its long-standing opposition to the European Union and the euro, according to a strategy paper reviewed by Reuters. The proposal calls for renegotiating EU treaties to create a looser alliance of sovereign nations, while suggesting a referendum on Germany’s EU membership if those efforts […]

Euro Falls to 17-Month Low as France Concerns Weigh on Markets

By admin October 5, 2026 No comment

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The euro slipped to a 17-month low on Monday as investors grew increasingly concerned about France’s worsening fiscal position and political uncertainty ahead of next year’s presidential election. The currency fell as much as 0.8% to $1.1160 before recovering to around $1.1202. French stocks also weakened, while the premium on French 10-year bonds over German […]

Germany Pushes ‘Two-Speed’ Europe With Core Group of Six Economies

By admin January 28, 2026 No comment

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Germany is advocating a “two-speed” European Union to overcome decision-making gridlock and strengthen the bloc’s economic and strategic autonomy. German Finance Minister Lars Klingbeil said a core group of countries should move faster on key policies, arguing that the EU needs new momentum to respond to growing geopolitical and economic challenges. Klingbeil has invited

G7 leaders to discuss €30bn loan for Ukraine using Russian assets

By admin May 20, 2024 No comment

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The G7 finance ministers are set to discuss whether Ukraine can receive an additional €30 billion loan from seized Russian assets totaling €270 billion. This proposal has sparked division within the G7, particularly between the US and Germany. While some advocate for full asset seizure, others, including Christine Lagarde, ECB president, raise legal and economic […]

Croatia begins new euro and Schengen zone era

By admin January 2, 2023 No comment

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Croatia is beginning on a momentous year, joining the border-free Schengen zone and abandoning its own currency, the kuna, in favour of the euro. When it became the EU’s newest member in 2013, the country pledged to entering the eurozone. Nationalist parties wanted to maintain the kuna, but the constitutional court overturned them. It is […]