Friday

29th Mar 2024

Ticker

Further EU summit on Russia not excluded

EU foreign ministers will ask the EU commission to draft defence sanctions on Russia following the downing of the Malaysia Airlines plane over eastern Ukraine, Austrian foreign minister Sebastian Kurz said on his way out of the meeting. A further EU summit on adopting the wider sanctions is not excluded.

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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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