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Euro currency

Hungary's opposition Tisza promises wealth tax, euro adoption in election programme

FILE PHOTO: Peter Magyar, leader of the opposition Tisza party, delivers a speech at a rally near the venue of the ruling Fidesz party closed doors meeting where Prime Minister Viktor Orban discusses campaign issues with party officials in Kotcse, Hungary September 7, 2025. REUTERS/Bernadett Szabo/File Photo
FILE PHOTO: Peter Magyar, leader of the opposition Tisza party, delivers a speech at a rally near the venue of the ruling Fidesz party closed doors meeting where Prime Minister Viktor Orban discusses campaign issues with party officials in Kotcse, Hungary September 7, 2025. REUTERS/Bernadett Szabo/File Photo

Bulgaria adopts euro amid fear and uncertainty

A protest campaign emerged in 2025 to “keep the Bulgarian lev”, as the public feared rising prices.
A protest campaign emerged in 2025 to “keep the Bulgarian lev”, as the public feared rising prices.

Bulgaria becomes 21st member to adopt euro after EU green light

Bulgaria’s switch from the lev to the euro comes nearly 19 years after the country of 6.4 million people joined the European Union.
Bulgaria’s switch from the lev to the euro comes nearly 19 years after the country of 6.4 million people joined the European Union.

Bulgarians divided on euro after approval to join currency

People queue outside a currency exchange office, in Sofia, Bulgaria June 4, 2025. REUTERS/Stoyan Nenov
People queue outside a currency exchange office, in Sofia, Bulgaria June 4, 2025. REUTERS/Stoyan Nenov

Bulgaria on track to win EU approval to use the euro currency in 2026

Bulgaria would be the second country to adopt the euro in the past decade.
Bulgaria would be the second country to adopt the euro in the past decade.

ECB’s Lagarde says euro’s strength against US dollar is counter-intuitive, but justified

epa12036821 European Central Bank (ECB) President Christine Lagarde addresses a press conference following the meeting of the ECB Governing Council in Frankfurt am Main, Germany, 17 April 2025. The Governing Council decided to lower the three key ECB interest rates by 25 basis points, noting that the outlook for growth has deteriorated owing to rising trade tensions despite building up some resilience in the euro area economy against global shocks.  EPA-EFE/RONALD WITTEK
epa12036821 European Central Bank (ECB) President Christine Lagarde addresses a press conference following the meeting of the ECB Governing Council in Frankfurt am Main, Germany, 17 April 2025. The Governing Council decided to lower the three key ECB interest rates by 25 basis points, noting that the outlook for growth has deteriorated owing to rising trade tensions despite building up some resilience in the euro area economy against global shocks.  EPA-EFE/RONALD WITTEK

News analysis

Trump’s erratic policies put US at risk of recession, but much of the world is prepared

US President Donald Trump’s head-spinning back and forth on policy decisions has left consumers bewildered as well.
US President Donald Trump’s head-spinning back and forth on policy decisions has left consumers bewildered as well.

Euro slips to one-month low as Macron calls French election

The euro fell to US$1.0764, its lowest since May 9, in early trading in Asia.
The euro fell to US$1.0764, its lowest since May 9, in early trading in Asia.

Hermes celebrates record profit with staff bonuses

People stand with Hermes shopping bags as they wait at a traffic light in Tsim Sha Tsui, a bustling shopping hotspot, in Hong Kong, China December 5, 2023. REUTERS/Tyrone Siu
People stand with Hermes shopping bags as they wait at a traffic light in Tsim Sha Tsui, a bustling shopping hotspot, in Hong Kong, China December 5, 2023. REUTERS/Tyrone Siu

Traders brace themselves for declines as euro trades near 17-month high against US dollar

The currency is also near its highest level against the yuan in three years.
The currency is also near its highest level against the yuan in three years.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.