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29th Mar 2024

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France starts looking like a 'peripheral country', says Danish bank

France's short-term outlook "looks more like that of a peripheral country than the strong German economy to which France used to be compared," Danske Bank writes in a note to investors. The Danish bank criticises "insufficient structural reforms", a weakening housing market and failure to contain the budget deficit.

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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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