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29th Mar 2024

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EU auditors tell diplomats to bring down housing costs

The Court of Auditors has told the European External Action Service (EEAS) that its buildings generally meet the needs of the foreign service, but are not always good value for money. Some buildings are too big, others are owned by the service but remain empty, it said.

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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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