Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about the largest unions like the Eurozone.
On January 1, 2026, Bulgaria will bid farewell to its lev currency and become the 21st European nation to adopt the euro. The Balkan country of 6.7 million people has been a European Union (EU) member ...
The European Central Bank (ECB) is gearing up for a significant milestone with the planned launch of the digital euro in October 2025. This development marks a pivotal shift in the region’s financial ...