An Italian budget showdown underlines the need for euro-zone reform

THE FATE of the euro was always going to depend on Italy. With annual GDP of more than €1.6trn ($ 1.9trn), about 15% of euro-area output and debt of nearly €2.3trn, it poses a challenge to the single currency that Europe seems unable to manage but cannot avoid. Matters are now coming to a head, […]

Pound to euro exchange rate: Eurozone data to affect currency deals for your travel money

The pound to euro exchange rate ended last week with sterling trading fairly low in the region of €1.124. However, an expert has told there may be a “lift” to the pound. Laura Parsons, currency analyst at TorFX, spoke to regarding the latest exchange rate figures. She said: “The GBP/EUR exchange rate closed […]

France and Germany finally have a common position on euro-zone reform

Roofers’ convention THE president of the European Commission, Jean-Claude Juncker, likes to compare the euro zone to a house in need of repair. Fix the roof, he counsels, while the economic weather is favourable. Leaders from across the European Union will have the opportunity to take that advice when the European Council meets in Brussels […]

Berlin, Paris agree on eurozone budget, Merkel says after talks with Macron

Chancellor Angela Merkel said she and French President Emmanuel Macron agreed on Tuesday to create a eurozone budget charged with boosting investment. The move would also promote economic convergence between the currency bloc’s 19 member states, according to the German leader. “We are opening a new chapter,” Merkel said after talks with Macron in Berlin […]

A case for owning euro-zone shares

IN AN episode of “Seinfeld”, a 1990s television comedy, George Costanza, a serial failure played by Jason Alexander, decides that every instinct he has is wrong. So he resolves to do the opposite. He is soon squiring a new girlfriend and is up for a dream job. “It’s all happening because I’m completely ignoring every […]

Britons looking for sun and sea should head outside of the Eurozone study reveals

The weak pound against the euro has meant Britons looking for good value beach resorts should look outside the Eurozone. Bulgaria and Turkey are far cheaper than their lowest-priced Eurozone competitors, including Portugal’s Algarve and Spain’s Costa del Sol. This is according to this year’s Post Office Travel Money Holiday Costs Barometer, which has crowned […]

Pound to euro exchange rate: Pound dips despite Eurozone unemployment ‘five-year low’

The pound weighed in against the euro at 1.1460 this morning according to the latest Bloomberg figures.  This figure indicates a slight dip from the exchange rate yesterday that saw the pound trading at 1.1468. The GBP/EUR exchange rate has been in a state of flux over the last few weeks as the ‘Beast from […]

Pound to euro exchange rate: Sterling ‘declines’ as ahead of influential Eurozone data

The pound to euro exchange rate saw the GBP currency fall against EUR today, Tuesday 30 January. Pound Sterling is converting to €1.1355. in figures accurate at 7:30am. This is lower compared to yesterday, when the pound converted to €1.1394. Speaking to, Laura Parsons, TorFX currency analyst said the pound could come back up […]