Friday

29th Mar 2024

Ticker

Ten countries hit by lower quotas after over-fishing

The EU Commission has cut the fishing quotas of ten countries - Belgium, Denmark, Greece, Spain, France, Ireland, the Netherlands, Poland, Portugal and Britain - that exceeded their quotas for 2013. In a statement Monday, the Commission said over-fishing covered 49 stocks. Deductions totaling 21.286 tonnes will apply for 2014.

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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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