Thursday

28th Mar 2024

Ticker

US ambassador expects clarity on EU sanctions

US ambassador to the EU Anthony Gardner Thursday said "many countries are watching the EU" as its ambassadors discuss economic sanctions against Russia. Washington welcomed an EU decision to progress to financial, energy and defence sanctions if Moscow continues to arm Ukrainian rebels after the downing of a passenger plane.

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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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