Friday

29th Mar 2024

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EU signs Morocco fishing pact

The EU and Morocco signed a fishing agreement on Wednesday despite opposition from the Western Sahara, a region annexed by Morocco and never recognised by the international community. The agreement entitles mainly Spanish vessels to fish off the disputed coastline. The EU is paying Morocco €40 million for the deal.

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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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