Euro rallies on rising prospect of historic German debt deal

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The euro rallied on Friday on rising prospects that German parties will agree a historic fiscal deal that could boost defence spending and revive growth in Europe's largest economy.The euro rose 0.49 per cent to $1.0902.

Against the pound, the euro gained 0.5 per cent to 84.19 pence and rose 0.

Rengo, the country's largest union umbrella, had sought an average hike of 6.09 per cent this year.

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Category: EconomyBusiness

Markets: SingaporeGermanyJapan

Topics: Euro Dollar Union Friday Cent Week British Borrowing German Pound Currency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 10:26:37 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26995169

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 41 posts per day

Year Established: 1999

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News Last Updated: 1 hours ago

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