Friday

29th Mar 2024

Ticker

Juncker plays tough on eurozone post

Luxembourg premier Jean-Claude Juncker will not accept another term at the helm of the Eurogroup of finance ministers unless Yves Mersch, also from Luxembourg, is named on the board of the European Central Bank."As long as Mr Mersch isn’t appointed, I will not accept the nomination proposal,” he said Friday.

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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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