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A hand removes a 10 euro note from the till of a supermarket filled with other notes and coins
Image: Michael Bihlmayer/CHROMORANGE/picture alliance

Euro

The euro is the official currency of the eurozone, which consists of 20 of the 27 EU member states. It is the second-largest reserve currency in the world after the US dollar.

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News

April 11, 2024

ECB holds interest rate at record high 4.5%

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Reports & Analysis

A public groceries market in Aix-en-Provence, France

Economic growth: What France is doing better than Germany

Economic growth: What France is doing better than Germany

While Germany's economy is contracting, the French GDP is growing. But France could pay a price.
BusinessOctober 31, 2023
DW Sendung Fokus Europa | Rumänien Müll

Are EU funds being wasted in Romania?

Are EU funds being wasted in Romania?

Romania received EU funds to close a landfill, but progress has been slow.
SocietyAugust 25, 202306:22 min
SUV "Grandland X" production line

German economy enters recession amid worsening outlook

German economy enters recession amid worsening outlook

Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing.
BusinessMay 25, 2023
An electronic signboard in the dealing room of Hana Bank in Seoul with a person in the foreground, their hands clasped behind their head

5 economic challenges that await us in 2023

5 economic challenges that await us in 2023

2022 was rough for the world economy, and 2023 promises to be worse with a looming recession. But it's not all bad news.
BusinessJanuary 2, 2023
An tattered EU flag flies from a flagpole

How is Europe navigating multiple crises?

How is Europe navigating multiple crises?

The European Union is struggling with multiple financial crises at the same time. How is it planning to defuse them?
BusinessJuly 22, 2022
An electronic signboard in the dealing room of Hana Bank in Seoul showing a drop in share prices

Worried about a US or eurozone recession? 5 reasons for hope

Worried about a US or eurozone recession? 5 reasons for hope

Murmurs about a possible recession are increasing, but chances are that US and eurozone economies will avoid the worst.
BusinessJuly 6, 2022
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