What will happen to taxis, pay…

What will happen to taxis, pay…

The banks talked about what awaits us when our country enters the Eurozone. In the future Law on the introduction of the euro in Bulgaria, it should be explicitly mentioned that the intended continuation of the existing contracts and the automatic recalculation of credits, deposits and funds on accounts and loans will take place without … Read more

City gets by without loans – Bonndorf

City gets by without loans – Bonndorf

Bonndorf will invest almost four million euros in 2023. The largest single project with 1.6 million is the construction of the new school administration building. With 3.82 million euros, the committee achieved its goal on Monday evening: investments without borrowing. According to treasurer Nikolaus Riesterer, the city has four million euros at its disposal. The … Read more

Analysts: The crown attracted speculators | Newstream

Analysts: The crown attracted speculators |  Newstream

In the coming months, the Czech currency should weaken from its current values, which are the strongest against the euro since the crisis year of 2008. It could thus weaken by several tens of pennies from Friday’s 23.90 CZK per euro. This follows from analysts’ estimates. According to them, the strengthening of the koruna in … Read more

SWIFT: The share of the dollar in international payments is growing, what is happening to the euro

SWIFT: The share of the dollar in international payments is growing, what is happening to the euro

The share of the euro in international payments decreased for the second year in a row, while the demand for the dollar, on the contrary, noticeably increased. This is shown by data of the international system for interbank information and payments SWIFT, analyzed by RIA Novosti. Thus, according to the results as of December 2022, … Read more

Lukáš Kovanda: Now is the best time to buy foreign exchange

Lukáš Kovanda: Now is the best time to buy foreign exchange

The koruna breaks through the threshold of 23.90 per euro, for the first time since November 2008. However, it will weaken by the end of June. “Now is a good time to buy foreign currency,” advises economist Lukáš Kovanda. The Czech currency broke the exchange rate limit of 23.90 crowns per euro on Thursday afternoon. … Read more

Forecast: The appreciation of the euro is just beginning – Money

Forecast: The appreciation of the euro is just beginning – Money

The majority of participants on Wall Street support the view that the euro’s upward rally is just beginning. With energy prices falling and recession forecasts easing across the region, it seems to be becoming clear that the worst of the economic damage is over and European assets are cheap for investors, according to Bloomberg, quoted … Read more