COGNICURRENT

The Netherlands defeated Turkey 2-1 in the quarter-finals of Euro 2024, booking their place in the semifinals.

A new literary prize, the Aena Prize for Hispanic American Literature, has been announced with a prize amount of one million euros, aiming to rival prestigious awards like the Goncourt and Booker.

A municipal leader in Finland proposes a significant financial mechanism to allow municipalities to utilize Finland's creditworthiness in international markets.

Finnish grocery prices for the cheapest coffee have sparked debate around quality, especially with budget options priced between one and two euros.

The film 'The Million Euro Schnitzel', part of a series, continues the comedic exploration of financial struggles faced by its characters in contemporary Germany.

The Frankfurt coalition has chosen to work with the Left party to approve the city's six billion euro budget for 2026, diverging from previous cooperation with the CDU.

Estonia's U19 girls' football team won their opening match in the EM qualifiers against San Marino, ending with a score of 1-0.

Global debt reached a record high in 2025, increasing by US$29 trillion, largely propelled by investments from the US and China.

The UEFA Champions League quarter-finals draw highlights an exciting matchup between Real Madrid and Manchester City.

In Finland, 483 counterfeit banknotes were detected last year, according to the Finnish Bank, marking a decline in the number of forged notes compared to previous years.

Antonas Džaliabovas, a senior executive at Gazprom Neft, has been implicated in a bribery scheme totaling 300,000 euros involving contractors between 2020 and 2021.

On February 27, the official euro rate in Argentina is stable at $1,684.29 for purchase and $1,688.03 for sale, while the blue euro shows a rise to $1,671.68 and $1,695.31 respectively.

Finland reported finding 483 counterfeit euro bills in 2022, a decrease from previous years.

Stellantis, one of the largest car manufacturers, reported massive losses for the latter half of 2025 and blamed overly optimistic electric vehicle sales forecasts.

Sara Lappalainen criticizes the plans for a multi-purpose hall in Porvoo, Finland, arguing that the cost estimates have skyrocketed and that professionals were not consulted in the planning process.

Eesti Energia reported an 83 million euro loss for the past year attributed to significant write-downs on oil shale assets.

Italy's national football team was eliminated from qualifying for the Qatar 2022 World Cup after a shocking defeat to North Macedonia in the playoffs.

The Finnish goalkeeper achieved a clean sheet in his European debut during a match at the historic Neckarstadion in Stuttgart.

The Taxpayers' Association (BdSt) criticizes the high costs associated with the renovation of Schloss Bellevue, the official residence of the German President.

Deutsche Telekom announced an increase in fiber optic connections to single-family homes as part of its latest earnings presentation, showcasing significant growth driven by its US subsidiary.

A police report reveals significant damage caused to an endangered freshwater pearl mussel population at a logging site owned by Stora Enso in Suomussalmi, Finland, with a financial impact estimated at nearly two million euros.

The European Central Bank reported a billion euro loss for the fiscal year, though lower than the previous year's loss.

European Central Bank President Christine Lagarde stated that artificial intelligence has not yet led to massive layoffs in the Eurozone, while also emphasizing the importance of completing projects like the digital euro during her term.

Today, February 26, the euro is trading at $1,684.29 for buying and $1,688.03 for selling in Argentina, showing an increase in value compared to the last quote.

Piraeus Bank reported a significant profit of 1.070 billion euros for 2025, reflecting strong customer loan growth and financial performance.

The EU Commission has approved a 400-million-euro state aid scheme to support strategic investments in clean technologies in Greece.

Ponsse, a forest machine company, plans to expand its factory in Vierema with a ten million euro investment to improve production capabilities.

The French automotive company Stellantis announced a net loss of €22.3 billion for 2025, the second-largest in its history, due to adverse exchange rates and a shift from its previous high-price strategy.

The European Central Bank plans to launch a controversial digital Euro by 2029, amidst diverse opinions and the support from unexpected political figures.

Fresenius, the parent company of Quirónsalud, reports an 11% growth in its Spanish operations, largely attributed to a nearly 500 million euro payment from the government of Madrid.

Professor Roope Uusitalo states that Finland's next government will face significant budgetary challenges requiring 8-11 billion euros in genuine savings or revenue increases.

The future of the FCAS project, a joint endeavor between Germany and France, is in jeopardy amid rising tensions and differing requirements from both countries.

Estonian Energy and Environment Minister Andres Sutt announced plans to present a proposal to the government in March for granting at least one million euros in support for local governments engaged in wind farm planning.

Eduardo Lima Franco, a fugitive leader of the Comando Vermelho criminal gang, is implicated in orchestrating luxury home robberies in Brazil.

A Ukrainian Air Force logistics commander and an SBU regional chief were detained for alleged corruption linked to the mismanagement of a 27 million euro construction project for aircraft shelters.

Lithuania's men's handball team has dropped one position to 28th in the EHF rankings while the women's team has moved up to 29th.

A telethon event in Lithuania raised over 4 million euros for Ukrainian defenders, concluding with a one million euro donation on the final day.

The article discusses the German military's approval of a 540 million euro purchase of unproven kamikaze drones, stressing the importance of parliamentary oversight in defense spending.

Authorities in Šiauliai and Utena have discovered counterfeit 50 euro notes during recent investigations, prompting criminal inquiries into the production and distribution of fake currency.

Police discovered multiple counterfeit 50 euro banknotes in two Lithuanian cities, Šiauliai and Utena.

The largest opposition party in Finland, the SDP, outlines three savings measures and three growth strategies ahead of the spring budget framework negotiations.

The Paris Stock Exchange opened with a slight uptick of 0.38%, buoyed by optimism from Wall Street and strong corporate earnings, particularly SEB which saw a rise of over 10%.

Quaero Capital is set to acquire a 49% stake in VKJ from Ignitis Group for €120 million, aligning with European Commission requirements.

Finnish parties have announced joint calculations for needed public financial adjustments, aiming for cuts or increased revenues of 8-11 billion euros during the next government term, with the Left Alliance dissenting from the agreement.

Terna and Ukrhydroenergo are set to collaborate on major hydroelectric and pumped storage projects in Ukraine worth around 1.5 billion euros, having recently signed an Executive Confidentiality Agreement.

The police concluded their investigation into a multi-million euro sale of the Espoo Metro arena, determining no criminal offenses were committed despite concerns raised about the transaction.

The Japanese yen has weakened due to Prime Minister Sanae Takaichi's reservations about further interest rate hikes by the Bank of Japan.

Fibercop plans a 10 billion euro investment by 2027 to expand fiber-optic networks to 20 million homes in Italy, emphasizing the essential role of telecommunications in supporting advanced technologies like AI.

Lisbon is investing in a €250 million drainage plan focusing on green areas to mitigate the effects of extreme weather caused by climate change.

Europe plans to introduce a so-called digital euro by 2029, amidst concerns about cash elimination and the control of people's money movements.