Friday

29th Mar 2024

Ticker

Ireland: More money for banks or No in referendum

Irish finance minister Noonan has warned Irish people will probably reject upcoming changes to the EU Treaty in a referendum unless the EU gives it more money to relieve massive bank debts. "We carried an undue burden for protecting the European banking system from contagion," he told the Irish Times.

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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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