Friday

29th Mar 2024

Ticker

EU commission ready to supervise countries helped by ECB

"The Commission stands ready to play its part in the enhanced surveillance of strict and effective conditionality," EU economics commissioner Olli Rehn said after the ECB announced a new bond-buying plan, provided countries to stick to reforms. Spain is expected to be the first country to ask for such help.

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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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