Thursday

28th Mar 2024

Ticker

Iceland keeps EU application on the table

Iceland has postponed plans to withdraw its application for EU membership but negotiations are frozen, reports Reuters. Thousands of protesters gathered in spring outside the parliament in Reykjavik, calling on the ruling parties to honour election promises and put the EU issue to a referendum before finally withdrawing the application.

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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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