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29th Mar 2024

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China won't 'buy' Europe

An op-ed published in China's People's Daily newspaper on Monday suggests that China does not intend to sweep up bargain deals in a Europe gripped by economic crisis and debt. The paper, largely considered to reflect the Communist party's views, says China instead wants a stronger trading partner.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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