Friday

29th Mar 2024

Ticker

Romania report to reflect 'current' developments

The EU commission's regular report on anti-corruption progress in Romania, due out Wednesday, will reflect the "current developments" in the country, a European Commission spokesperson said Monday. Brussels is demanding the Romanian government uphold constitutional court decisions and obey the rule of law, following weeks of political infighting.

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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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