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President of France Nicolas Sarkozy (L), German Chancellor Angela Merkel (C) and European Commission President Jose Manuel Barroso (R) chat during the EU summit in Brussels, Belgium, 09 December 2011. EPA/BGNES
January 1 2011 marks 10 years since the Euro was introduced as a common currency in the European Union, its anniversary being overshadowed by fears and uncertainty.
No ceremonies have been scheduled in Brussels to mark the occasion. Most Eurozone countries are preparing to circulate a 2-euro commemorative coin for the anniversary.
According to the most apocalyptic predictions, the common currency will not survive until the end of 2012.
Despite the problems the euro is facing, European Central Bank policymaker Christian Noyer believes it could become the world's leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration,
"If we implement all the decisions taken at the Brussels summit we will emerge stronger," Noyer has stated in an article, as cited by The Economic Times.
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As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
In a significant affirmation of Bulgaria's path towards Eurozone accession, European Commissioner for Economy Paolo Gentiloni has confirmed the European Commission's support for Bulgaria's admission to the Eurozone in 2025
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
According to an article in "Politico," Russian-funded disinformation campaigns are contributing to a decline in public support for Bulgaria's adoption of the euro
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
In recent years, Moldova has been faced with the challenge of reducing its dependency on Russian gas imports.
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
In a statement underscoring growing concerns over national security, FBI Director Christopher Wray has declared that the popular social media app TikTok poses a significant risk to the United States
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
A damning report from the US State Department has unveiled a troubling reality of systematic racial and ethnic violence and discrimination against Bulgarians in the Republic of North Macedonia
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
