Friday

29th Mar 2024

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Hollande wants 'permanent European fund' for emergency interventions

At next week's EU summit French President Francois Hollande wants a "permanent European fund" set up to finance emergency interventions such as in the Central African Republic, reports AFP. "We need a permanent European fund, not a fund for each individual operation," he said during a state visit to Brazil.

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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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