Friday

29th Mar 2024

Ticker

IMF tells France to slow pace of defict reduction

The IMF has told France to slow the pace of reduction of its public deficit and accelerate its structural reforms in order to support the country's hesitant economic recovery, reports Le Monde. The Washington-based institution said France should not raise taxes, which are already "among the highest by international standards."

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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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