Friday

29th Mar 2024

Ticker

EU lambasts India air ban threat

An EU commission spokesman noted Friday the cost of its CO2 tax on flights amounts to €1.5 per passenger on a Brussels-Delhi trip. "Are you really going for a trade war for the price less than a cup of coffee?" he added, reacting to India's threat to ban EU airlines.

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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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