Friday

29th Mar 2024

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Frankfurt sees thousands protest against austerity

More than 20,000 people demonstrated in Frankfurt on Sunday against austerity measures in Europe and the power of banks. Activists from the ”Occupy Frankfurt” set up tents outside the European Central Bank’s headquarter after police cleared out an earlier encampment at the same place last week.

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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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