Word: euros
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Ever since the Euro was rolled out in 2002, champions of the currency have worked long and hard to establish the tender as a serious, strong rival to the dollar. Now many of those euro enthusiasts are growing nostalgic for the money's runtier days. Because with the dollar falling to a new record low of $1.5624 during trading Thursday, many European economists and business leaders are worried about how they'll ever be able to sell their products to customers who use dollars. The Euro sign has become an alarm for "expensive...
...business failures in the wake of the subprime crisis, and wider signs that the U.S. has or is entering into recession. But plummeting investor confidence in the American economy has only accelerated the greenback's erosion, which in a little over two years has depreciated from $1.1826 per euro in January, 2006 to Thursday's $1.56. The result is that products manufactured by companies paying euro-fixed salaries and supplies wind up in stores with dollar-denominated price tags looking prohibitively expensive to shoppers...
...report says that many parliamentarians have claimed expenses for family members or transferred funds to firms that seemed to have no purpose beyond receiving them. Although the report does not say how much of the 150 million-euro ($230 million) annual staff fund is abused, the allegations of fraud appear to extend to parliamentarians across the political spectrum and from all 27 E.U. member states...
...nature of the economic crisis and reiterated that they are better equipped to handle future problems. "We've reduced the public debt and increased the surplus," says Socialist Party campaign director Oscar López. "And we've shown, by raising the minimum wage, and by offering a 400-euro rebate to all tax payers, that we know how to help Spanish families...
...business in London while settling in Monaco, the city-state famous for sunshine, glamour and zero tax on income or investment gains. Belgium, where some assets are exempt from capital-gains tax, is peppered with wealthy French escaping a tax rate that can top 40%. And Luxembourg, the euro zone's biggest private-banking center, attracts wealthy foreigners by exempting their investments from...