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U.S. dollar dips amid momentum in euro

The U.S. dollar weakened in late trading on Wednesday as the euro maintained momentum. The dollar index, which measures the greenback against...
Photo taken in a foreign trade company in an industrial park of Jiangsu Haizhou Economic Development Zone shows employees working on a production line of cameras for a well-known brand of mobile phones. Jiangsu Haizhou Economic Development Zone in Lianyungang, east China’s Jiangsu province, has recently introduced a series of measures to cut taxes and fees in an effort to help foreign trade enterprises cope with the challenges brought about by the epidemic. (People’s Daily/Geng Yuhe)

European bank grants Morocco €300 million loan to finance state companies

The European Bank for Reconstruction and Development (EBRD) on Tuesday granted a 300-million-euro (354-million-U.S.-dollar) loan to Morocco to help finance three state companies to...
Prof J. Atsu Amegashie

The ECO: The devil is in the detail – Prof J. Atsu Amegashie

Nine days ago, Alassane Ouattara, President of Cote d’Ivoire, announced that the eight countries of the West African Monetary Union (WAMU) will discontinue the...

Italy Finds Itself in the Commotion of the Euro

Italy joined the eurozone in 1999, with Prime Minister Massimo d'Alema of the "Democratic Left” party. This fateful participation, which entailed the complete loss...
African Union Logo

AU & ECL launch calls for GMES & Africa

The African Union Commission and European Commission have launched the Call for Proposals for the Global Monitoring for Environment and Security in Africa (GMES...

Southern European economies dying under Euro

In a post on the blog of party founder Beppe Grillo, the M5S says fixed exchange rates within Europe are preventing the rebalancing of...

Portugal returns home after 2016 Euro win

The squad travelled in an open-top bus to a reception at Belem Palace, the seat of President Marcelo Rebelo de Sousa, before a planned...
Gareth Bale

Euro 2016: Bale Making History

Gareth Bale, Real Madrid's star and the talisman of Wales, scored three goals in the ongoing Euro 2016 group stage, one for each game,...

Euro 2016: Croatia starting lineup against Turkey

Following is the starting lineup of Croatia for the Euro 2016 Group D match against Turkey at Parc des Princes on Sunday: ...
Dimitri Payet being mobbed by coach Didier Deschamps

Euro 2016: Payet to be Secluded and Coddled

Les Bleus coach, Didier Deschamps says he will do his utmost to put Dimitri Payet out of harm’s way ahead of the Euro 2016...
EURO 2016

Euro 2016 preview: Group C comprises of Germany and Poland

Ukraine and Northern Ireland are the group's underdogs - the latter more than the former. While Ukraine may challenge Poland and Germany to some...

1.5% Expansion Made By Eurozone Economy In 2015

In the last three months of the year, they grew 0.3%, compared with the previous three months, according to the statistics agency Eurostat. The 28...

Young Kotoko accuses Ash-Gold of cheating

A press statement signed by Mr. Mohammed Soale, Manager, and copied the Ghana News Agency (GFA) complained bitterly about the lackadaisical stands of Obuasi-based...

Government Eurobond exceeds expectations

?This represents an over-subscription of more than 100 per cent, indicating the high appetite for Ghana?s credit,? a statement issued by the Ministry of...
Ghana cedi

Ghana cedi continues free fall against other currencies

The local currency, cedi has depreciated sharply against major foreign currencies on the forex market in the past week. As at Saturday, 22 August 2015,...

Ghana Cedi depreciation worsens

The local currency was unable to recover from previous weeks slide as it closed in the red against the major trading currencies in the...

Greece agrees on a third bail out deal

Greek government sealed on Tuesday the country's third bailout deal within five years with international lenders, it was announced in Athens. ...
Ghana Cedis

There Is still more room for Ghana cedi recovery train

By: Adnan Adams Mohammed Recently event of the cedi recovery against the major trading foreign currency including the US dollar, euro and the UK pounds...

U.S. dollar climbs against euro on Greek uncertainties

U.S. stocks pared early losses to end mildly higher Tuesday, as investors were assessing the impacts of the unfolding Greek debt crisis. The Dow...

IMF Bailout: Ghana Expects 2nd Tranche In July

Ghana will be in a position to request the disbursement of the second tranche of bailout financing from the International Monetary Fund (IMF) after...

Here are the foreign exchange rates of Euro as compared to other currencies

The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Monday: One euro to: U.S. dollar...

Foreign exchange rate of Euro to other currencies

The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Friday: One euro to: U.S. dollar...

Florentina crashes out of Euro berth by losing to Verona on 1-0

Mounir Obbadi scored in the 89th minute as Hellas Verona won 1-0 at Fiorentina on Monday in Italian Serie A. Fiorentina remained sixth, one point...
Asian Stock Markets

China’s First ETF to go on LSE

London Stock Exchange (LSE) Wednesday announced that it welcomed the first London listed Renminbi (RMB) dominated money market Exchange Traded Fund (ETF) -- "Commerzbank...

Albania Has A Staggering ?4 Billion Loan Portfolio

Bank of Albania announced on Tuesday the loan portfolio of Albania provided by the banking system amount to about 4 billion euros (4.37 billion...

Malta announces $113,560 fund for artists

Malta's Minister for Justice, Culture and Local Government Owen Bonnici on Wednesday announced a new 100,000-euro (113,560 U.S. dollars) fund for local artists....
Norway and Germany

Norway and Germany collaborate on electricity sharing deal

Firms in Norway and Germany on Tuesday signed an agreement to build an over 600-kilometre long power cable linking the electricity networks of the...

European Central Bank announces stimulus package

The euro came under renewed pressure Friday after the European Central Bank announced a massive 1-trillion-euro (1.12-trillion-dollar) stimulus package, hitting its lowest value against...

Euro Disney To Receive Cash Injection Of 420 million euros

Euro Disney, operator of the struggling Disneyland theme park east of Paris, announced Monday it had reached a 1-billion-euro recapitalization agreement with Walt Disney,...

China Takes Step To Strengthen Bilateral Economic Connections

China's currency regulators have approved direct trading between the country's renminbi currency and the euro, the central bank said on Monday. "This is an important...