Spain stuns England late to claim record fourth Euro title BERLIN | Xinhua | Mikel Oyarzabal came off the bench and scored the winning goal in the 86th minute to help Spain beat England 2-1 in the Euro 2024 final in the Olympia stadium here on Sunday. England played it …
Read More »UEFA EURO 2024: Where the revenue comes from and where it goes
UEFA EURO is not just one of the biggest competitions in football but in all of world sport, generating a significant amount of revenue. Where does that money come from, and how does UEFA invest as much as possible back into the game? COMMENT | UEFA.COM | Every four years, the …
Read More »Economist warns of volatility as euro moves into parity with U.S. dollar
Rome, Italy | Xinhua | Parity between the dollar and the euro may persist for some time, evidence of a dramatic decline in the value of the main European currency. However, a leading economist in Italy has said that if exchange rates remain stable, European businesses will be able to cope. …
Read More »Warning signs for eurozone after euro parity with U.S. dollar
The euro has lost around 12 percent of its value against the dollar since the beginning of this year Rome, Italy | Xinhua | The euro and the U.S. dollar have broadly traded on par with each other this week after a steep devaluation for the euro which experts say will …
Read More »Euro falls below parity against U.S. dollar
Frankfurt, Germany | Xinhua | The Euro on Wednesday briefly slipped below parity against the U.S. dollar in intraday trading after data released by the U.S. Department of Labor showed that the Consumer Price Index (CPI) surged 9.1 percent from a year ago in June. The exchange rate on Wednesday plunged …
Read More »Euro nearing five-year low stoking recession fears
The euro is within reach of five-year lows and seems increasingly will approach dollar-euro parity Rome, Italy | Xinhua | The euro has continued to weaken against the U.S. dollar, approaching its lowest level in five years, due mainly to the crisis in Ukraine and the sluggish economic growth in Europe. …
Read More »20 years on, euro has yet to tap its int’l potential
Frankfurt, Germany | Xinhua | The euro, a currency shared by 19 European countries, has won overwhelming support among the 340 million Europeans since it went into circulation 20 years ago. The idea of a single currency for Europe, which originated in 1970 when policy makers in Europe hoped to achieve …
Read More »Ronaldo makes history with double
🇭🇺 0 🆚 🇵🇹 3 Budapest, Hungary | XINHUA | Cristiano Ronaldo scored twice as Portugal produced a late show to kick off the defense of their European Championship title with a 3-0 win against Hungary in Budapest. The game looked to be heading for a draw as the Portuguese struggled to break down …
Read More »U.S. dollar weakens following EU stimulus deal
New York, US | XINHUA | The U.S. dollar dropped noticeably in late trading on Tuesday as the euro extended gains after European Union (EU) leaders reached a deal on a massive stimulus plan for their coronavirus-battered economies. The dollar index, which measures the greenback against six major peers, fell …
Read More »GROUP F: France, Portugal and Germany
Euro 2020 Group F: France 🇫🇷 Portugal 🇵🇹 Germany 🇩🇪 Bucharest, Romania | AFP | France face a major hurdle if they are to add the European Championship to their World Cup crown after coming out in the same Euro 2020 group as Germany and reigning European champions Portugal in …
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