List of All Articles with Tag 'euro'

A volcanic eruption could destroy the Icelandic town of Grindavik or lead to extensive ash clouds, experts have warned. The country has been shaken by more than 800 small earthquakes, prompting fears that the tremors could disrupt the Fagradalsfjall volcano on the Reykjanes peninsula in the southwest of the country. Scientists have said an eruption at some point is ‘likely’. It comes as a Caterpillar D11 - said to be Iceland’s biggest bulldozer - has been dispatched to help build defences. The huge piece of equipment is constructing trenches to reduce the damage caused by any eventual disaster. Almost 4,000 people were evacuated from Grindavik over the weekend as authorities feared that molten rock would rise to the surface of the earth and potentially hit the coastal town and a geothermal power station. Ragga Agustsdottir, who lives close to Grindavik, said residents were fearful of what could happen if an eruption struck. Scientists have warned Iceland’s south-western peninsula could face “decades” of volcanic instability following eruptions along the peninsula. Read More Biggest volcanic eruptions in the last 10 years as Iceland town faces devastation ‘It’s like a dystopian movie’: Iceland residents describe ‘apocalyptic’ scenes as they flee volcano threat Iceland earthquakes: Are flights still running amid fears of volcano eruption? Is it safe to travel to Iceland? Your rights if you have a holiday booked

BRUSSELS More expensive services and food were the main drivers of consumer price growth in the euro zone

Poland’s incoming administration wants foreign companies in the country’s nascent nuclear energy program to buy an equity stake

For the past week, not a single Tesla has passed through Sweden’s four biggest ports. Starting Friday, broken

The UK looks set to fail on a pledge to build 32 new hospitals in England by 2030,

Traders are growing increasingly convinced that the European Central Bank will sharply lower interest rates to cushion the

Germany, through its KfW development bank, will as soon as Friday sign an agreement to lend South Africa

The European Central Bank’s decision to halt interest rate increases at its October meeting is fully justified by

The west’s sanctions on Russian oil exports are failing to deprive the Kremlin of revenue to fund its

UK retail sales fell unexpectedly in October, adding to the impression that a string of interest-rate hikes designed

A burst of activity in Bitcoin derivatives has evoked memories of the period in late 2021 when the

UK bankers paid thousands more in taxes last year, a development that drew warnings that the City of