Friday

29th Mar 2024

Ticker

US concerned about low growth in Europe

US Federal Reserve president Yellen told press in Washington Wednesday that Europe is a threat to US recovery. "It is one of the number of risks of the global economy and we certainly hope they will be successful in seeing the pace of growth and inflation pick up," she said.

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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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