Friday

29th Mar 2024

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Poroshenko announces Ukraine ceasefire

Ukraine leader Poroshenko has said he agreed a ceasefire with pro-Russia rebels Friday after hearing "a powerful request for [a] peaceful ... settlement" in meetings with the EU in Brussels and Nato in Wales. The EU is likely to hold off on Russia sanctions to see if the ceasefire sticks.

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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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