Friday

29th Mar 2024

Ticker

Report: Dutch finance minister to chair Eurogroup

EU leaders during the summit last week agreed for 46-year old Dutch finance minister Jeroen Dijsselbloem to become the chairman of eurozone finance ministers' meetings (Eurogroup) when Jean-Claude Juncker steps down early next year, German tv ARD reports. Dijsselbloem said Monday he will consider the offer if asked.

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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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