euro

At 500,000 euros, the winner of the men's Tour de France earns 10 times that of the winner of the women's event.

As billions of euros for the first phase are yet to be secured, that might be necessary.

On Friday a court found him guilty of paying tens of thousands of euros to former club officials for little or no service.

The UK had elevated debt levels, substantial borrowing and a current account deficit, meaning it imports more than it exports, which left it more vulnerable than the euro area or the US over borrowing pressures.

They have fallen to a price of 11.32 euros a share at the time of writing - the lowest in a decade.