Tag #Euro

welt.de
🌐 85% Global Worthiness
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France's Euro Victory: A Pyrrhic Win?

Following the Bretton Woods collapse, France's weak Franc and high interest rates motivated its pursuit of the Euro to counter German dominance, but this led to current vulnerabilities and a potential Euro crisis due to France's fiscal dominance and Germany's weakened economy.

Progress

56% Bias Score

Reduced Inequality
faz.net
🌐 65% Global Worthiness
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Millions in Unexchanged D-Marks Persist in Germany

In 2024, Germans exchanged 53 million D-Marks (equivalent to 27.2 million Euros) at the Bundesbank; however, approximately 12.2 billion D-Marks remain unreturned, highlighting the continued presence of the old currency.

Progress

24% Bias Score

welt.de
🌐 35% Global Worthiness
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Millions of Deutsche Marks Still Exchanged for Euros in Germany

The German Bundesbank continues to exchange millions of Deutsche Mark for Euros annually, with 3.98 million D-Mark exchanged for 2.04 million Euros in northern Germany in 2024, while nationwide, approximately 53 million D-Mark were exchanged, reflecting a gradual decrease in the volume of unexchange...

Progress

28% Bias Score

cnbc.com
🌐 75% Global Worthiness
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European Markets Rebound Despite Economic Uncertainty

European markets closed higher on Thursday, with the Stoxx 600 up 0.6%, despite earlier losses and concerns over economic uncertainty and potential US tariffs; oil and gas stocks led gains, while banking and auto stocks dipped; French President Macron admitted that snap elections caused political in...

Progress

32% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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Death of Helmut Schlesinger: A Legacy of Monetary Stability

Helmut Schlesinger, former president of the Deutsche Bundesbank, died on December 23 at age 100; his tenure was marked by steadfast defense of monetary stability, notably during the 1992 ERM crisis, significantly influencing German and European monetary policy.

Progress

52% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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EU Faces Challenges Amidst Global Uncertainty and Internal Divisions

The European Union faces challenges including a lack of political embodiment, insufficient funding for cohesion policies, and citizen concerns over increased competition, all occurring while a new commission begins its term amid global uncertainty.

Progress

48% Bias Score

Reduced Inequality
fr.euronews.com
🌐 85% Global Worthiness
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Euro Nears Parity Amidst US Tariffs and Monetary Divergence

The Euro is nearing parity with the dollar due to stronger-than-expected US job growth, anticipated Federal Reserve tightening, and the potential impact of new US tariffs on European exports, along with divergent monetary policies and geopolitical uncertainty.

Progress

48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 65% Global Worthiness
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€27 Million in D-Marks Exchanged in 2024, Billions Remain

The German Bundesbank exchanged over €27 million in old Deutsche Mark for euros in 2024, with notable finds including a 10-D-Mark note with a playful threat and various discoveries from gardens and fire debris; however, approximately €6.24 billion in D-Marks remain unreturned.

Progress

36% Bias Score

sueddeutsche.de
🌐 35% Global Worthiness
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Millions of Deutsche Mark Still Exchanged, Billions Remain Missing

In 2024, over 9 million Deutsche Mark were exchanged for Euros in North Rhine-Westphalia, down from 2023, while a massive 12.2 billion Deutsche Mark remain outstanding, mostly due to international circulation according to the Bundesbank.

Progress

20% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Euro and Pound Hit Multi-Month Lows Against Dollar Amidst Trump's Return

The euro and British pound reached multi-month lows against the U.S. dollar on Thursday, dropping to \$1.031 and \$1.239 respectively, due to optimism surrounding the U.S. economy and anticipation of Trump's return to the White House, along with downbeat forecasts for Europe.

Progress

48% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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Death of Helmut Schlesinger: A Legacy of Monetary Stability

Helmut Schlesinger, former president of the Deutsche Bundesbank, died at 100; his unwavering commitment to monetary stability and the bank's independence, especially during the 1992 European Exchange Rate Mechanism crisis, profoundly shaped German and European monetary policy.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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US Stocks Rise After Shutdown Averted, Inflation Eases Concerns

U.S. stock index futures rose on Monday following Congress's passage of a spending bill that averted a government shutdown and a positive inflation report that reduced concerns about interest rate hikes; the Dow E-minis rose 0.07%, the S&P 500 E-minis rose 0.26%, and the Nasdaq 100 E-minis rose 0.45...

Progress

44% Bias Score

Decent Work and Economic Growth