List of All Articles with Tag 'euro'

China is set to lead Asian stocks higher on optimism of more economic stimulus to come from Beijing,

London’s highest earners have reaped the biggest pay raises since the start of the pandemic, widening the gap

Fresh off weeks in which it started taking orders in Malaysia and exhibited at a motorsports festival in

As well as tourists, the wildfires have come at a great personal cost to the Greek island's residents.

The Farquhar family from Inverurie were on holiday in Lardos when they were caught in the fires.

Freight transport manager Jonathan Lewis describes the scenes in Greece as "hell on Earth".

A man from Leeds says there was "ash dropping on our shoulders" as he left the burning island.

A British family was forced to flee in the middle of the night as the wildfires ravaging parts of Greece broke out in Corfu on Sunday evening and came within metres of their holiday home. Rebecca Bell, 50, of Sheffield, was among those who received an evacuation order via a text message overnight as dozens of blazes erupted on the western island, with more than 2,000 people moved to safety. “It did feel like the end of the world yesterday,” she told The Independent from the village of Sinies, describing the intensity of the heat, “banks of flames” cascading down the hillside, and a “yellow glow of fire” in the sky. The blaze broke out in the northern part of Corfu, which is popular with British tourists, on Sunday evening, with those in Sinies, Santa, Megoula, Porta and Palia Perithia told to evacuate to Kasiopi. Have you been affected by this story? Email tara.cobham@independent.co.uk Firefighters have struggled through the night to contain 82 wildfires across Greece, 64 of which started on Sunday, the hottest day of the summer so far, amid strong winds and successive heatwaves driven by the climate crisis. The most serious fire was on the island of Rhodes, where 19,000 people had been evacuated from several locations as wildfires burned for a sixth day, Greek authorities said, in what was "the largest evacuation from a wildfire in the country". Ms Bell, who works for a technology company, arrived at their rented villa in Sinies on Friday with her husband, Mat Pennell, their 18-year-old daughter, and the teenager’s friend for the family’s two-week summer holiday. They were all about to leave for dinner on Sunday evening when they received the evacuation order. But, unable to see flames, only smoke, and reassured by the villa owner, they decided to continue with their evening plans. It was when they got into the car after eating and attempted to return to the villa that was the most frightening moment, she said. “We saw banks of flames coming down the hillside and realised it was serious.” The roads to the village were shut and police cordons were in place, but the family were allowed to collect their passports from the villa. “We packed up in 10 minutes and threw everything into the car,” said Ms Bell. “I’ve never packed a bag that quickly in my life. “When we were up there by the villa it was hot, you could feel the heat. The fire was perhaps about 400 metres from our villa.” She spoke of giant fire and water trucks driving up the hill as they were coming back down. The family went to the evacuation point Kasiopi but said there was nothing happening there, so they sat in the car until about 2am when they realised they would not be making it back to the villa that night. “It felt weird driving around like, ‘What do we do now?’ It was bizarre, very disaster movie-esque,” said Ms Bell. They spoke with a local businessperson who let the family stay in his home for the night. “Because we had rented privately it was down to us to work out our next move, and we ended up with some kind strangers,” Ms Bell said. “My husband and I slept on the sofa in the man’s living room, which was super kind and amazing to be so welcoming to people in such a crazy situation.” She said they did not sleep a huge amount and heard helicopters presumably dropping water on the hillside at sunrise. The family managed to make it back to the villa on Monday morning, shortly before receiving a text message that advised people to return to their accommodation as “the situation is under control and the fire is receding”. Ms Bell said smoke can still be seen rising in the hills but the yellow glow of fire has been replaced by clear skies. “The fire looked pretty close to the villa, but nothing has burned,” she said, adding: “Safety first, but I am very glad the holiday plans didn’t go to rack and ruin.” Read More Greece fires – live: Corfu evacuations begin as tourists fleeing Rhodes inferno spend second night in airport ‘Like hell on earth’: Brits evacuated from Rhodes describe devastating Greek wildfires Greece wildfires: Everything you need to know How to tell if you have Covid or heatstroke Why do heatwaves in the UK feel hotter than abroad?

Europe’s government bonds surged and the euro weakened after fresh warning signs over the health of the region’s

European stocks were subdued on Monday as investors braced for the busiest week of the earnings season and

Rishi Sunak said he will delay or abandon environment policies if they lead to direct costs on consumers,

Chancellor Olaf Scholz’s government plans to dole out €20 billion ($22 billion) to bolster semiconductor manufacturing in Germany