Friday

29th Mar 2024

Ticker

Russian proposals left out of joint text on EU-Ukraine treaty

A joint EU-Russian-Ukrainian communique on the EU-Ukraine trade treaty has left out Russian proposals to amend the pact and to delay its implementation if Russia requests so after expert-level talks in July and August. EU commissioner De Gucht declined to say if Ukrainian implementation will be delayed until September, however.

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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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