EURUSD Upsurge Continues
The euro continues to defy gravity. The single currency is up sharply against all of its major rivals, including the pound which took a beating despite stronger UK inflation figures released this morning.
Netherlands
Eurozone inflation back at 2%
Inflation has made a dramatic return in the Eurozone. In February, the headline CPI measure rose to 2.0% year-over-year, accelerating from 1.8% in January.
Facebook Continues To Struggle With Europe’s Privacy Laws
Social media giant Facebook Inc (FB, quote) has been caught up in a great deal of controversy in Europe over the past year, as users complain that the firm’s privacy policies don’t align with those that govern each EU country.