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The Latest Breaking News from eurozone

Tourists and locals at odds with each other in holiday hotspot

A housing crisis in popular cities has led to growing frustration about the proliferation of short-term rental apartments in city centres

The Independent UK

Spain's economy minister says 'overtourism' challenges need to be addressed

Spain could receive as many as 100 million tourists this year, according to some projections

The Independent UK

Dollar Gains on Strong US Payroll Report

The dollar index (DXY00 ) today is up by +0.45%. The dollar is climbing today on the heels of a better-than-expected US May payroll report, easing concerns that the US labor market was cooling. Also, hawkish comments today from Cleveland Fed President Hammack boosted the dollar when she said she’d...

Barchart

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Bulgaria to adopt the euro: How do countries join the Eurozone?

European Union officials gave the green light on Wednesday for Bulgaria to become the 21st member of the euro currency union, a key EU project aimed at deepening ties between member countries.

Euronews

Bulgaria given green light to adopt the euro currency

IN FULL

The Independent UK

The euro is about to get a new member. What does that mean?

Bulgaria has the green light to become the 21st member of the European Union's currency union

The Independent UK

Bulgaria to adopt the euro as ECB and European Commission give green light

Bulgaria will be the 21st nation to join the eurozone, with adoption planned at the start of 2026.

Euronews

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Eurozone unemployment drops to record low levels in April

Falling energy and input prices helped ease cost pressures for European businesses in April, allowing them to retain more employees.

Euronews

Stocks See Support as Bond Yields Slide

The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. June E-mini S&P futures (ESM25 ) are up +0.07%, and June E-mini Nasdaq futures...

Barchart

Bulgaria close to adopting the euro: What stands in the way?

Bulgaria's government is pressing ahead with its plan to join the euro currency union, aiming to deepen European integration.

Euronews

Thousands protest in Bulgaria against Euro and to maintain national currency

Bulgaria's new government, which was formed last month, has made eurozone membership a key priority. Opposition parties want a referendum to be held.

Euronews

Dollar Supported by Strong US Economic News

The dollar index (DXY00 ) today is up by +0.34%. The dollar is climbing today on signs of strength in the economy after weekly jobless claims fell to a 1-month low and the May S&P manufacturing PMI unexpectedly increased, hawkish factors for Fed policy. However, gains in the dollar are...

Barchart

Dollar Retreats on Mixed US Economic News

The dollar index (DXY00 ) Thursday fell by -0.14%. The dollar was under pressure Thursday as weaker-than-expected US Apr producer prices pushed T-note yields lower and boosted expectations for the Fed to cut interest rates. Other US economic reports on Thursday were mixed for the dollar. US weekly initial unemployment...

Barchart

Dollar Pressured by a Soft US PPI Report

The dollar index (DXY00 ) today is down by -0.25%. The dollar is under pressure today as weaker-than-expected US Apr producer prices pushed T-note yields lower and boosted expectations for the Fed to cut interest rates. Other US economic reports today are mixed for the dollar. US weekly initial unemployment...

Barchart

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Euronews

Bulgaria's president to submit request to parliament to call eurozone referendum

Some economists claim that the country lacks an acceptable degree of economic condition to join the eurozone and it's not yet ready to adopt the single currency.

The Guardian - UK

UK construction activity contracts for fourth straight month as costs rise

Poor start to year comes after bounceback in last three months of 2024 fizzled out

Barchart

Dollar Falls and Gold Soars on US Trade Uncertainty

The dollar index (DXY00 ) Tuesday fell by -0.57%. The dollar was under pressure Tuesday because of concerns that US trade policies will lead to economic stagflation. Losses in the dollar accelerated after the US Mar trade deficit widened to a record high, a bearish factor for Q1 GDP. The...

Barchart

Dollar Under Pressure and Gold Soars from US Trade Policies

The dollar index (DXY00 ) today is down by -0.49%. The dollar is under pressure today because of concerns that US trade policies will lead to economic stagflation. Losses in the dollar accelerated after the US Mar trade deficit widened to a record high, a bearish factor for Q1 GDP....

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Barchart

Dollar Drops as Stocks Rally on Possible US-China Tariff Talks

The dollar index (DXY00 ) today is down by -0.73%. The dollar is under pressure today on reduced safe-haven demand as news of possible US-China trade talks sparked a rally in stocks that boosted risk sentiment. The dollar also fell after US Apr average hourly earnings rose less than expected,...

The Guardian - UK

FTSE notches up its longest-ever winning streak with 15th day of gains – as it happened

Live, rolling coverage of business, economics and financial markets as the FTSE nets its longest-ever winning run, Amazon’s Bezos to sell stock worth up to $4.75bn; US employment figures higher than expected

Euronews

Bulgaria could play key role in European defence efforts, says Antonio Costa

Costa said that his visit to Bulgaria comes at a significant time for the country, following its entry into the Schengen Area and its preparations to join the eurozone.

Euronews

Bulgaria's eurozone accession campaign smeared with false claims

False information about Bulgaria's eurozone accession has been skewing the national conversation around adopting the euro.

Barchart

Stocks Climb on Trade Deal Optimism and Strong Q1 Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +1.82%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.13%. June E-mini S&P futures (ESM25 ) are up +1.98%, and June E-mini Nasdaq futures...

The Independent UK

Bulgarian government survives a no-confidence vote over corruption

Bulgaria’s government has survived a second no-confidence motion in parliament in as many weeks

Euronews

ECB cuts rates again as Trump tariffs weigh on economic outlook

The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh inflationary concerns.

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