Status: 01/26/2023 3:19 p.m The euro is trading at its highest level against the dollar since April 2022. And there seems to be no end to the trend in sight. The resurgent euro is good news, at least for consumers. By Angela Göpfert, tagesschau.de The European common currency will celebrate a small renaissance in 2023. It's not even that long ago that one euro paid less than one dollar. In September last year, the European single currency marked its lowest...
Status: 01/24/2023 1:55 p.m The economy in the euro area surprisingly returned to growth at the beginning of the year. New economic data suggest that a recession might still be averted. The economy in the euro zone started the year surprisingly with growth. The purchasing managers' index for the private sector, i.e. for industry and service providers together, rose by 0.9 to 50.2 points in January, according to the financial services provider S&P Global. After a six-month contraction, the barometer...
While the new CEO of the Volkswagen brand is struggling with ongoing interruptions in the supply chain, which are leading to production and sales losses, the Wolfsburg-based company wants to dominate the volume segment technically and qualitatively more than in previous years.source site-6
Until a few days ago, Volker Wissing was optimistic about his prestige project. The start date of the nationwide 49-euro ticket, which was actually planned for the beginning of the year, which has been postponed several times, is now finally fixed, the Federal Minister of Transport, who was involved, made clear ten days ago at the exam of the FDP parliamentary group in Bavaria. It is clear to him that the ticket will not come later than May 1st, said...
Good news for the euro zone. Activity has slowed compared to 2022 but will be "much better" this year than initially feared, European Central Bank President Christine Lagarde said on Thursday. "The news has become much more positive in recent weeks", meaning that the current year "will not be brilliant but much better than feared", the official said at the Davos Economic Forum. Labor markets, in Europe in particular, "have never been so dynamic" with a number of unemployed "at...
from Victor Gojdka, FrankfurtThose who are currently planning their Easter trip to the USA can look forward to it. Although coffee, donuts or burgers are now more expensive than last year due to inflation, European holidaymakers can thank the euro. If you got just 959 dollars for 1000 euros last September, it's already 1082 dollars again. Holiday-loving Germans suddenly have an additional 100-dollar bill in their wallets - and at least some of the US inflation has already been offset....
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from Victor Gojdka, FrankfurtThose who are currently planning their Easter trip to the USA can look forward to it. Although coffee, donuts or burgers are now more expensive than last year due to inflation, European holidaymakers can thank the euro. If you got just 959 dollars for 1000 euros last September, it's already 1082 dollars again. Holiday-loving Germans suddenly had an additional 100-dollar bill in their wallets - and at least some of the US inflation had already been offset....
The players' agent denounces in a long interview with The Team the inappropriate behavior towards him of the president of the French Football Federation.The ordeal lasted four years. From 2013 to 2017 when, tired of war, Noël Le Graët stopped harassing her. Sonia Souid, 37 today and mother of two children, was at the time one of the first agents to take an interest in women's football. A subject that led him to contact the president of the FFF. For,...
Status: 06.01.2023 11:29 a.m Inflation in the eurozone eased further towards the end of the year. Consumer prices rose by 9.2 percent, less than expected. The core inflation rate, on the other hand, increased. Inflation in the eurozone eased more than expected in December. Consumer prices rose by 9.2 percent compared to the same month last year, according to an initial estimate from the statistics office Eurostat. Economists had expected an average rate of 9.5 percent in December. In November,...
