Euro Tagged Articles

The list below is a collection of articles that refer to, mention or discuss the Euro

Expat Pension Pound Slumps 50% Less In 10 Years

Expat Pension Pound Slumps 50% Less In 10 Years

There’s more bad news for British expat pensioners as new research shows income has fallen by 50% in the past 10 years – and as if that wasn’t bad enough rising inflation is expected to push company pension funds deeper into the red. The falling value of the pound has hit pension income by nearly [...]

How The UK Credit Rating Slip Hits The Expat Pound

Currency Exchange

Sterling has plummeted against other major currencies following the loss of the UK’s AAA credit rating – and the falling value is likely to affect expats. Since the beginning of the year, Sterling has dropped in value by 7% against the dollar and Euro – a relatively steep fall in such a short period. Now [...]

Euro Set To Fall Over Inflation And Growth Fears

Euro Set To Fall Over Inflation And Growth Fears

The Euro is ready to face another big fall in value as European Central Bank President Mario Draghi disclosed he fears recent currency gains may put a damper on efforts to control inflation and inject growth. The single currency – in use in 17 countries – is trading 0.3% against the US Dollar as European [...]

How Expats Can Earn More From Currency

Currency Exchange

For expats living and working abroad there is an issue when it comes to being paid in Pounds Sterling and that’s when it comes to transferring their money into another currency. Most people will use banks for the transaction but there is a smarter – and certainly a more profitable – way which is to [...]

How The Debt Crisis Rocked The Euro

How The Debt Crisis Rocked The Euro

The European Central Bank (ECB) says the eurozone financial crisis has had a ‘significant impact’ on European money markets and is a key factor forcing down the value of the euro. In a two-yearly report covering the second three months of 2012, the ECB says that aggregate turnover on the financial markets, which is lending [...]

Currency Shifts as Stubborn Spain Blocks Eurozone Action

Currency shifts as Stubborn Spain blocks Eurozone action

Nations in the single currency are fail as team players and continuing to place self-interest before the common good is pulling down the value of the Euro against the Pound and US Dollar. The Euro had recovered from a dismal dip in confidence earlier in the year, after courts in Germany finally backed the European [...]

Draghi to the euro rescue with bold bond plan

Draghi to the euro rescue with bold bond plan

The European Central Bank has finally got the all clear to come to rescue of euro zone countries in financial crisis with an unlimited bond buying program. ECB president Mario Draghi promises the proposal will lower borrowing costs for countries like Spain and Italy while reassuring investors about the financial security of the euro zone. [...]

Draghi drags the euro to centre stage again

Draghi drags the euro to centre stage again

All eyes will be on the Euro as European Central Bank president Mario Draghi promises to drag his long-awaited blueprint to save the single currency kicking and screaming in to the open. Many expect Thursday’s announcement to amount to nothing more than yet another false dawn in the dark and dingy recent history of the [...]

More Euro promises – but can Draghi really deliver?

More Euro promises - but can Draghi really deliver?

European Central Bank president Mario Draghi has pledged to do all he can to support the euro in coming weeks, but can he really do anything to alleviate the problems of the single currency? Investors have heard plenty of promises from European policymakers and leaders over past months, but the crisis is still rumbling on [...]

Euro slumps to four year low against the Pound

Euro slumps to four year low against the Pound

Expats finally have some good financial news as the Pound soars to a four-year high against the Euro. One euro is now worth just 77p as the rate has surged to €1.28 for a Pound. The euro is also slumping against the US dollar – with the rate slipping to $1.22. The problem for expats [...]

Euro plunges deeper against Sterling and the US dollar

Euro plunges deeper against Sterling and the US dollar

The euro is taking another pounding as currency markets expressed doubts that recent promises to shore up the failing currency will come to fruition. Sterling has hit the highest level for more than three and a half years, while the euro has sunk to a two-year low against the US dollar. The message from the [...]

Euro confusion triggers China’s rate cuts

China

The phrase ‘laissez faire’ was coined in Europe – and it seems to be the economic policy that works best for the euro. As the European Central Bank left interest rates alone but confirmed it was ready to act in an emergency, nothing really changed in Europe. Spain is still coyly flirting with a bail [...]

Euro slips again as bond yields red line for Italy and Spain

EU

Currency markets are thrashing about in reaction to every new rumour as economists and politicians forecast no end is in sight for the Euro debt crisis. Eurozone banking and borrowing problems dragged the euro and Sterling to new recent lows against the US dollar, although Sterling recovered to fight another day. Greece has effectively become [...]

It’s time for Plan B if you have cash stashed in euro accounts

Euro Coin

Expats with savings and investments held in Euro accounts need to put contingency plans in place to protect their cash. The problem with the euro is perception – if expats and investors believe their money is at risk, they will move to a safe haven. This reaction makes the euro debt problems even harder to [...]

Euro clatters to four-month low against US dollar

Currency

The euro has hit a four month low and is likely to collapse even more as squabbling politicians in Greece face another election after failing to agree who will lead a government. The election in June could well herald the country’s departure from the eurozone as the question to voters is not so much who [...]

Euro voters rebel against austerity regimes

EU Flag

The tide is changing in Europe as voters rebel against tough austerity budgets and look for new leaders to ease their financial woes. In two major elections in france and Greece, voters were clear they wanted to punish the politicians who were imposing cuts. Francois Hollande won the second round of voting in France to [...]

Greece to leave the euro?: thinking the unthinkable

greece

A year or two ago, the official line from policymakers and economists in the EU was that Greece would stay in the Eurozone forever. It was thought conceptually and practically impossible for them to depart. However, commentators are now starting to talk about how, not whether Greece with leave the Eurozone. At their recent general [...]