Friday

29th Mar 2024

Ticker

Nordic and Baltic leaders condemn Russian pressure

Eight foreign ministers from Nordic and Baltic states said on Tuesday in a joint statement that "economic threat[s] or political pressure" against pro-EU former Soviet countries is "unacceptable." The statement comes after Russia warned Moldova and Ukraine it might cut trade ties if they sign association treaties with the EU.

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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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