Friday

29th Mar 2024

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Portugal first to raftify EU budget pact

Portugal on Friday became the first EU country to ratify the new pact on fiscal discipline, by 204 votes against 24 in parliament with two abstentions. The treaty will come into force once 12 out of the 25 member states due to ratify it have done so.

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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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