Friday

29th Mar 2024

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IMF chief asks US for more money

IMF chief Christine Lagarde Tuesday called on the US to put more money into her institution saying it needs more funds to help fight crises, particularly in Europe. "If the European economy falters, the American recovery and American jobs would be in jeopardy," she said.

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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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