Friday

29th Mar 2024

Ticker

Greek rescue loan talks restart

Greece is set to meet its international creditors on Monday to discuss an €8.1 billion rescue loan tranche, reports Reuters. The installment is one of several in a €240 billion bailout that expires at the end of 2014. Greece has endured four years of austerity-driven policies.

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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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