Friday

29th Mar 2024

Ticker

'We did it for the euro,' Irish party leader admits

Micheal Martin, head of Ireland's now-in-opposition Fianna Fail, has admitted for the first time that Irish taxpayers were left with the unpopular €34bn bill from Anglo Irish Bank because the government felt under pressure to save the single currency. "We did it for the euro," he told the Herald.

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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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