European Union finance ministers have given Latvia the formal green light to join the euro zone. The Baltic state will begin using the new currency on January 1, 2014.
The new year is shaping up to be a turbulent one. The euro, the Ukraine-Russia standoff and the Syria crisis are key unresolved foreign policy issues that the German government will have to deal with.
Rome is determined to stick to fundamental aspects of its 2019 budget despite pressure from Brussels, according to Italian Economy Minister Giovanni Tria. The EU believes Italy's plans are "overly optimistic" and risky.
With diplomatic tensions high, the Turkish lira has hit yet another all-time low against the US dollar, impacting more than just the Mediterranean country itself. But will the spillover into the eurozone bring a bang?
A German NGO granted three "northern outposts" that "face a potential vulnerability" next to Russia the peace prize on Saturday in Münster. The award recognizes the states’ efforts in supporting European integration.
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