Friday

29th Mar 2024

Ticker

Police and protesters clash as ECB opens new building

Tear gas was deployed and cars put on fire as Blockupy protesters clashed with police in Frankfurt on Wednesday morning just hours before the new European Central Bank headquarters open in the city. The inauguration ceremony for the new 45-storey glass skyscraber next to the River Main starts at 11:00.

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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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