Abstract: A new cultivar of Euphorbia named ‘Charam’ that is distinguished by a compact clumping growth habit, terminal cymes that turn increasingly red in late winter, then open into yellow-green floral heads that completely cover the plant from March through May. In combination with its hardiness and a long period of garden interest, these traits set ‘Charam’ apart from all other existing varieties of Euphorbia known to the inventor.