Euro

May 24 (Reuters) - The Russian rouble strengthened to levels not seen since March 2018 against the dollar on Tuesday, boosted by export-focused companies selling foreign currency to pay taxes and shrugging off a slight easing of capital controls. The rouble has firmed about 30% against the dollar this year...

After last week's thrashing, cryptocurrency investors probably don't want to hear any more discouraging words. Unfortunately, one stock analyst believes that bitcoin could hit fall even lower than it has recently. 'A Lot More Room to the Downside'. "When you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate...

PARIS, May 24 (Reuters) - Ukraine will eventually be part of the European Union, France's Europe minister said on Tuesday, reassuring Kyiv that an initiative to forge closer ties between the bloc and aspiring members would not replace their bids to join. French President Emmanuel Macron earlier this month suggested...

Germany will sell 9€ monthly transit tickets in June, July and August. © Shutterstock / D Busquets. If you're planning a visit to Germany this summer, a new travel pass could help you shave your transit expenses. After many months of negotiations, the German federal government approved a...

LONDON, May 24 (Reuters) - Britain’s pound fell to a more than one-week low against a strengthening euro on Tuesday but was little changed against the U.S. dollar ahead of data that could provide a clearer picture of the UK’s growth outlook. At 0753 GMT, the pound was...

NEW YORK, May 24 (Reuters) - The U.S. dollar index hit nearly a one-month low on Tuesday after European Central Bank President Christine Lagarde said euro zone interest rates will likely be in positive territory by the end of the third quarter, giving the euro a boost. Lagarde's comments implied...

May 24 (Reuters) - Austria became the latest government to enter the green bond market with a 4 billion euro ($4.3 billion) debt sale on Tuesday. The bond, due to mature on May 23, 2049, priced for a yield of 1.876%, and Austria's Treasury retained 250 million euros of the issuance, it said.

MADRID, May 24 (Reuters) - Spain's government has approved a plan to spend 12.25 billion euros ($13.12 billion) on the semiconductor and micro chip industry by 2027, Economy Minister Nadia Calvino said on Tuesday, including 9.3 billion euros to fund the building of plants. The programme that consists mostly of...

MILAN (Reuters) - Italy’s top insurer Generali has raised its stake in smaller rival Cattolica Assicurazioni to 91.5% after a reverse accelerated book-building (RABB) procedure, it said on Tuesday. Generali paid around 105.3 million euros ($112.91 million) to buy further 15,604,182 Cattolica’s shares - or around 6.8% of its...

Anna Edwards, Matt Miller and Kailey Leinz take you through what to watch today.

European Central Bank President Christine Lagarde discusses inflation in the Euro Area economy and the potential for a recession with Francine Lacqua at the World Economic Forum's annual meeting on "Bloomberg Markets Europe."

LONDON, May 25 (Reuters) - Central bank policy tightening, fears of a recession and the economic impact of the war in Ukraine are all expected to keep a lid on any significant advance in European stocks for the remainder of 2022, a Reuters poll found. The poll of 21 fund...

BELGRADE, May 24 (Reuters) - Stellantis (STLA.MI) has offered some workers at its plant in Serbia a choice between moving abroad for two years to re-train in electric car production, or taking redundancy, it said on Tuesday. The company did not say how many of the Kragujevac plant's 2,000 workers...

European Central Bank (ECB) President Christine Lagarde reportedly believes that crypto assets have zero value. According to a Politico report, Lagarde says cryptos are “worth nothing” and are merely speculative assets. “I have said all along the crypto assets are highly speculative, very risky assets. My very humble...

PARIS, May 24 (Reuters) - Air France-KLM (AIRF.PA) on Tuesday launched a 2.26-billion-euro ($2.41 billion) share sale to shore up its balance sheet and repay some French state aid as it seeks shareholder backing to look beyond the pandemic and invest in resurgent air travel. The second rights issue in...

Dani Burger and Manus Cranny open "Bloomberg Daybreak: Europe" discussing market worries.