Thursday

28th Mar 2024

Ticker

Spain neutral on Scottish independence bid

Spain's foreign minister Joss-Manuel Garcia-Margallo told the Financial Times over the weekend that Madrid would not interfere with Scotland's bid for independence from the UK. “We don’t interfere in other countries’ internal affairs," he said. Madrid is opposing a growing Catalan independence movement, which wants to hold a referendum.

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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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