euro

Euro could replace Dollar as a reserve currency By Renisha Chainani In the interview published in Stern magazine, Alan Greenspan (former FED Chief) said it was “absolutely conceivable that the euro will replace the dollar as reserve currency, or will be traded as an equally important reserve...

TIRUPUR (TAMIL NADU): This small hosiery town is not exactly soccer crazy. But some of its knitwear workers are busy working overtime for Euro 2008 in Austria and Switzerland. The T-shirts they are rolling out will be sported by millions of European football fans during the matches. "Already...

Sikhs in France have filed a case before the European Court of Human Rights (ECHR) in Strasbourg challenging a French law that demands that turbans be taken off while being photographed for identity cards. According to a news service, the United Sikhs, an NGO that filed the case, says the...

The role of the euro in global capital markets Let me first thank the Federation of European Securities Exchanges, the organiser of this convention, for focusing on the topics of vital importance for the EU, the euro area and the European Central Bank. In particular I would like to thank the...

A month after losing the battle for French champagne company Taittinger, liquor baron Vijay Mallya has put together 500 million euro (around Rs 2,300 crore) to acquire a wine company in Europe. Sources in the UB Group, the world's second largest producer of spirits, said it had short-listed for...

The European Commission has just announced an agreement whereby English will be the official language of the European Union rather than German, which was the other possibility. As part of the negotiations, the British Government conceded that English spelling had some room for improvement and...

Let me first thank the Federation of European Securities Exchanges, the organiser of this convention, for focusing on the topics of vital importance for the EU, the euro area and the European Central Bank. In particular I would like to thank the organisers for giving me the opportunity to...