Month by aching month, surging energy prices are exacting a worsening toll on the living standards of millions of Europeans.The European Commission reported on Friday that consumer prices in the […]
Euro (Currency)
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Back to news homeEuro Hits Parity With U.S. Dollar for First Time in 20 Years
Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a growing risk of recession, the pressures bearing down on the […]
Weakened Euro May Become Equal to the U.S. Dollar
The list of ailments troubling the eurozone economy was already stark: the highest inflation rate on record, energy insecurity and increasing whispers about a recession. This month, another threat emerged. […]