- Euro hits highest level against dollar since 2011 Updated: Mar-07-14 9:10 am
- European Central Bank holds rates amid recovery Updated: Mar-06-14 10:57 am
- Eurozone growth gaining traction - before Ukraine Updated: Mar-05-14 7:22 am
- Eurozone recovery accelerates but jobs elusive Updated: Feb-14-14 2:01 pm
LONDON - The euro has struck its highest level against the dollar for nearly two and a half years in the wake of the European Central Bank's decision not to cut interest rates further.
FRANKFURT, Germany - The European Central Bank kept its key interest rate on hold Thursday and raised its economic growth forecasts as it acknowledged that the recovery is strengthening in the 18 countries that use the euro.
LONDON - A double dose of positive economic news Wednesday showed that the recovery of the 18-country eurozone pushed up a gear at the start of 2014 and in the period before the crisis in Ukraine escalated.
BRUSSELS - Europe's economy is growing faster, raising hopes for a sustainable recovery, but that may not be enough to bring sky-high levels of unemployment down anytime soon.