Friday

29th Mar 2024

Ticker

EP committee greenlights emissions trading fix

Environment committee MEPs on Wednesday again voted in favour of a proposed delay in auctioning carbon permits, a move designed to fix the saturated emission's trading system. Plenary voted down the idea in April, but MEPs believe the re-worked compromise will have more support in plenary on 3 July.

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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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