The euro has been like a brick: You can throw it, just not very far. But that's only temporary, Goldman says, tipping near-parity with the dollar.» Read More
Headlines ahead of the New Year portrayed a country of job seeking-Britons brushed aside by Bulgarians and overrun by Romanians.
Firm and timely action by the European Central Bank is necessary to head off risks to price stability, ECB President Jean-Claude Trichet said on Wednesday.
Some of the new members of the European Union angling to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday.