Friday

29th Mar 2024

Ticker

EU competition chief rejects Google break-up plan

EU competition commissioner Joaquin Almunia has rejected a Franco-German idea to break up Google to reduce its dominance in the European web search market. "This idea is not majoritarian," Almunia said, adding that it would require legislation. Almunia is bidding to settle a three-year anti-trust case with Google this year.

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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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