Friday

29th Mar 2024

Ticker

Germany wants quick EU budget deal

German Chancellor Angela Merkel Wednesday said she wants quick deal on the 2014-2020 EU budget so as "not to go back to yearly budgets." The next EU meeting on the topic will be in February. A first attempt to agree on the seven-year budget failed in November.

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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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