Friday

29th Mar 2024

Ticker

Dutch say No to EU budget top-up

Dutch finance minister Jeroen Dijsselbloem has said in a letter to national MPs that EU institutions should find the €11.2bn they need for 2012 and 2013 spending shortfalls via "possible savings elsewhere" instead of asking member states for extra money, AFP reports. The UK made a similar statement 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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