The Latest Breaking News from eurozone

In 2022, the annual inflation rate hit a record level (8.4%) since the Eurozone’s creation in 1999, mostly because of disruptions in the global supply chain and by the energy crisis provoked by the conflict in Ukraine.

Talking Europe hosts the Croatian prime minister, who steered his country into the eurozone and the Schengen free travel area at the start of this year. Andrej Plenkovic talks about the symbolic and practical aspects of these two moves, and discusses his government's plans to continue helping Ukraine – despite…

Common currency was already used for valuations and bank deposits in former Yugoslav country, which joined the EU in 2013

Kristalina Georgieva, the managing director of the International Monetary Fund, is warning that this year will be tougher than the last and that the war in Ukraine, rising inflation and higher interest rates will weigh heavily on the global economy. She expects the EU to be particularly hard hit, with…

Croatia on Sunday switched to the euro and entered Europe's passport-free zone -- two major milestones for the country after joining the EU nearly a decade ago. At midnight (2300 GMT Saturday) the Balkan nation bid farewell to its kuna currency and become the 20th member of the eurozone. It…

Croatia switched to the Euro and entered the passport-free Schengen area on 1 January, two major milestones for the country after joining the EU nearly a decade ago.

Europe ends 2022 with a war in its east, grappling with political uncertainty, and plagued by high inflation. It has been a year many Europeans would prefer to forget.

The UK’s money troubles spread from inflation and higher interest rates to sluggish productivity. But how do we compare with our European neighbours?

FOUR top experts on European politics speak to The National about the claim an independent Scotland would need to adopt the euro to join the EU ...

Far-right leader Giorgia Meloni was named Italian prime minister on Friday, becoming the first woman to head a government in Italy. Her appointment is an historic event for the eurozone's third largest economy and for the Brothers of Italy party, which has never been in government.

Ms Meloni's Brothers of Italy party, which has neo-fascist roots, is set to win around 26 per cent of the vote after Sunday's election, while her wider coalition secured a clear majority in parliament.