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EU plans to ditch dollar for Iran oil payments
The European Union plans to switch to the euro for oil purchases from Iran, eliminating the US dollar as the two sides work to protect bilateral trade against possible American sanctions, a report said.
Iranian economist: Dumping dollar 'logical', 'admissible'
An Iranian economist has hailed plans by the government of President Hassan Rouhani to replace the dollar with the euro in foreign-currency accounting as 'logical' and 'admissible'.
Iran switches from dollar to euro for official reporting currency
Iranian government institutions will start reporting foreign currency amounts in euros rather than US dollars, as part of efforts to reduce reliance on US currency.
Euro to replace US dollar in trade transactions: CBI governor
The decision to replace the US dollar with euro in foreign trade transactions will be implemented with greater determination this year, said the governor of the Central Bank of Iran (CBI).
EU calls for response to bitcoin bonanza
The EU's top official for the euro single currency on Wednesday pressed European regulators to urgently update financial rules in order to face bitcoin's dizzying volatility.
Euro holds gains on bets for ECB tightening but stocks mixed
The euro held its gains on Monday as traders bet the European Central Bank will start to wind down its crisis-era stimulus program, while lower expectations for further tightening in the United States weighed on the dollar.
Strong euro worries Europe's exporters
Some European exporters are beginning to worry about the strengthening euro which has rebounded from near parity with the dollar after Donald Trump's election, though analysts see little immediate risk to growth.
Euro gets boost from ECB's Draghi
The euro rose after European Central Bank chief Mario Draghi's comments bolstered the single currency even as interest rates were kept low again.
Italy, Iran to sign €1.2b rail deal next week
Iran and Italy will sign a deal worth €1.2 billion next week to build a high-speed railway between the central cities of Arak and Qom.
Germany, Spain set U21 Euro final date
Southampton's Nathan Redmond missed the crucial penalty as England agonizingly lost on penalties to Germany in the semifinals of the European U21 Championship in Poland on Tuesday.
Babis says Czech Republic wants ‘no euro’
Billionaire businessman Andrej Babis who is seen as the next likely prime minister of the Czech Republic says his country will do better without euro.
London could lose out as ECB seeks control of euro clearing after Brexit
London is facing renewed pressure over its dominance of the €1 trillion (£880 billion)-a-day euro clearing market after the European Central Bank set out proposals aimed at giving it more oversight of the lucrative business.
Iran concludes 8.5m euro agreement with EU
Minister of Science, Research and Technology Mohammad Farhadi hailed the 8.5 million euro agreement with the European Union, saying that the deal signifies that valuable cooperation with the world scientific centers has started during the tenure of the incumbent government and it is seriously pursuing international communications.
Arsenal's Wenger aims to silence critics with Euro push
There is nothing Arsene Wenger relishes more than confounding his doubters and the Arsenal manager will know today whether he has a strong chance of doing so once again.
Germany threatens online giants with 50mn euro fake news, hate speech fines
Germany on Wednesday took the European lead in cracking down against hate speech and fake news, threatening social media giants with fines of up to 50 million euros if they fail to remove offensive posts promptly.

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