Thursday

28th Mar 2024

Ticker

Nuclear power to stay in Germany, says EU commissioner

Nuclear energy will remain in Germany for the next 40 years, the EU commissioner for energy Guenther Oettinger told German news website RP online. Germany decided in 2011 to close its nuclear reactors by 2022 but Oettinger predicts advances in nuclear fusion could convince the government to change its view.

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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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