Central Banking

Silver euro unveiled to mark EU expansion

The European Union's Irish presidency unveiled a special 10-euro silver coin on Saturday minted to commemorate the bloc's upcoming historic enlargement.

"The coin ... reflects the emergence of a new era of prosperity and opportunity for the people of Europe," said Irish Finance Minister Charlie McCreevy, presenting the coin at informal talks outside Dublin.

One side of the coin depicts a swan nesting 10 eggs, representing the 10 new members due to join the EU on May 1: Estonia, Latvia, Lithuania

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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