Euro

Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
September 23, 2019  |  Cryptocurrency

Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore...

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ECB President Says No To Digital Euro
ECB President Says No To Digital Euro
September 14, 2018  |  Europe

With cash use still popular in Europe, and the technology behind digital money remaining fragile, the European Central Bank (ECB) doesn’t intend to create a...

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Swedish Krona Continues To Fall Amid Other Currency Upheavals
Swedish Krona Continues To Fall Amid Other Currency Upheavals
August 29, 2018  |  International

The currency decline continues: The Swedish krona fell Wednesday (Aug. 29) against the euro, the fifth straight day that has happened. The decline comes amid...

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The Xoom-Ria Deal Shows Cash Still Rules Remittances
The Xoom-Ria Deal Shows Cash Still Rules Remittances
August 29, 2018  |  Cash

In a way, the deal seems old school. PayPal-owned money transfer operator Xoom said this week that its new agreement with Euronet Worldwide’s Ria will...

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Swiss Central Bank Nixes National Crypto
Swiss Central Bank Nixes National Crypto
June 25, 2018  |  Bitcoin

Schweizerische Nationalbank Board Director Thomas Moser said he doesn’t think it’s the right time to talk about issuing a national cryptocurrency for the country. During the...

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Brexit Talent Drain A Leak Likely To Deluge?
Brexit Talent Drain A Leak Likely To Deluge?
July 04, 2017  |  Brexit

Brexit is still being worked on, worked out and one wonders what workers will do. For the highly skilled employees of both the U.K. and...

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ECB Announces Plans For New Instant Payment System
ECB Announces Plans For New Instant Payment System
June 30, 2017  |  Payments Innovation

The European Central Bank (ECB) has announced its plans for a new instant payments and settlement system that will enable businesses and consumers to send...

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First Day 2017 Trading: Eurozone Stocks Rise
First Day 2017 Trading: Eurozone Stocks Rise
January 03, 2017  |  Investments

Eurozone stocks got good news on the first day of trading in 2017, which sent their shares up to a level not seen in longer...

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