Friday

29th Mar 2024

Ticker

France wary of EU bank reforms

French Finance Minister Pierre Moscovici on Thursday said EU bank reform proposals must not clash with regulations already in place in France and in Germany, reports Reuters. The EU proposals aim to reduce high-risk trading at big banks. Paris and Berlin say the proposals would threaten their lenders.

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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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