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The euro is the official currency of the eurozone, which consists of 19 of the 28 EU member states. It is the second-largest reserve currency in the world after the US dollar.
Since 1999, the euro has been used as an accounting currency in global financial markets. Physical euro coins and banknotes entered into circulation in 2002. In 2009, the euro has become immersed in Europe's sovereign debt crisis which forced the eurozone to adopt a raft of reforms to stabilize the currency.
South Africa was the only country on the continent to provide financial support to unemployed people. For some, the monthly assistance of 20 euros let them launch a new business. Including one man who opened an ice cream parlor in Soweto Township.
The EU has announced that it will contribute 1.5 billion euros in aid to Syrian refugees to counter the rise in food prices caused by Russia's invasion of Ukraine. DW spoke with UNHCR High Commissioner Filippo Grandi about the plight of the refugees.
The German coach is set to take charge of the Austrian national team as they target qualification for Euro 2024. Rangnick is currently interim coach at Manchester United, where he will remain in an advisory role.
After starting World Cup qualification with seven wins from seven, Germany's women have suffered defeat to Serbia. With this summer's Euros in mind, the question remains whether they can compete at the highest level.