Browsing Tag

euro

McEntee announces new 40 million euro donation for Ukraine

Ireland is stepping up its support for Ukraine with an additional €40 million in aid as Russia’s war grinds on, Minister for Foreign Affairs Helen McEntee has announced. The new package comes on top of the €25m already committed by Ireland in February. Minister McEntee unveiled the latest funding during a visit to Kyiv. Of the €40m announced today, more than €26m will go toward humanitarian assistance, while almost €14m is earmarked for long-term development and peacebuilding measures. Another €2m from the overall package…

Bulgaria gears up for euro adoption amid optimism and skepticism

Bulgaria will adopt the euro on Jan. 1, retiring the lev and joining the eurozone as its 21st member in a move that promises deeper integration with the European Union and a seat at the European Central Bank’s rate-setting table. The long-awaited shift, two years after Croatia’s entry, will extend the common currency to more than 350 million people. Authorities say Bulgaria met the formal entry criteria this year, including targets on inflation, budget deficit, long-term borrowing costs and exchange-rate stability. The…

born in Africa, the hero of the euro

More than 30 players born on the African continent have already taken part in the final phase of the European Championships - the 16th edition starts on 11 June 2021 in Rome - and 6 of them have even won the competition. By Xavier Barret,You can be born in Bamako and become European champion: Jean Tigana did it in 1984. You can be born in Dakar and win the Euro:…

a 22 billion euro plan to revive the economy

How to revive Senegal's economy? The issue was at the heart of a presidential council on Tuesday, September 29th. Representatives of the government, the private sector and partners from the country gathered around Macky Sall. The authorities presented a € 22.4 billion plan and defined priority sectors. "After the defense, we must go on the attack" to regain growth according to the sports formula used by the head of state. And to this the authorities have adjusted their strategy with new priorities: "Firstly: Accelerate…