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Euro: Brits could get up to 50% more for their money

At 1.35 to the pound, the Euro is at its lowest exchange rate for 10 years.

This could equate to Brits getting up to 50% more for their money when they are on holiday.

ITV's Consumer Editor Chris Choi explains how this has happened and how you can get the best for your money.


Merkel's majority under threat from anti-euro parties

German Chancellor Angela Merkel is almost certain to be re-elected for an unprecedented third term as the federal elections are due to take place on Sunday.

Europe's most powerful woman is considered to be as popular as ever, but her centre-right majority is under threat from an anti-euro party and the Socialist Democratic Party of Germany.

ITV News' Europe Editor James Mates reports:


European Central Bank 'by and large done' helping Greece

Mario Draghi said the European Central Bank is prohibited from providing direct aid Credit: EMILY WABITSCH/AFP/Getty Images

The European Central Bank (ECB) is "by and large done" helping Greece in its bailout because it is not permitted to provide direct aid, according to its president, Mario Draghi.

The ECB has resisted calls to take a 'haircut' on Greek bonds as they say this would be "monetary financing" which it is prohibited from doing.

Greek leaders expel MPs who voted against austerity bill

Greece's coalition government expelled seven members of their respective parties for failing to vote for the latest, deeply unpopular, austerity reform package tonight.

Greek Prime Minister Antonis Samaras expelled one lawmaker from his New Democracy party, while Evangelos Venizelos expelled six from his Socialist party PASOK.

The expulsions reduce the fragile, three party coalition to 169 out of the assembly's 300 seats.

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