Thursday

28th Mar 2024

Ticker

Putin makes fun of US sanctions

Russian leader Putin in a meeting with his FM Lavrov Friday, in remarks published by the foreign ministry, said he will open an account "tomorrow" at the US-blacklisted Bank Rossyia. With the EU due to publish details of similar new sanctions, Lavrov noted: "We are currently drafting proposals for countermeasures."

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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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