Friday

29th Mar 2024

Ticker

Finland to sign collateral deal on Greek bail-out

Finnish finance chief Urpilainen said Monday she hoped Finland and Greece would be able to sign an agreement on loan guarantees within the next few days. Finland has demanded collateral from Athens as a prerequisite for taking part in the second bail-out worth €130 billion, to be agreed on Wednesday.

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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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