The kiwi increased to 56.14 euro cents as at 8am in Wellington. Photo: John Sefton

Paul McBeth

Paul McBeth is BusinessDesk's chief reporter and has reported on New Zealand financial markets, the economy and business since 2008.

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Business

NZD gains vs euro

 The New Zealand dollar gained against the euro as Italy's plans to run budget deficits for the next three years are at odds with European Union rules. 

The kiwi increased to 56.14 euro cents as at 8am in Wellington from 55.93 cents yesterday. It traded at 64.51 US cents from 64.39 cents yesterday, with US markets closed for the Columbu

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