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29th Mar 2024

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Nord Stream II will undermine EU security, EPP leader says

The centre-right EPP leader in the European Parliament has issued a warning to EU energy commissioner Miguel Arias Canete over the Nord Stream II gas pipeline, the Financial Times reports. Manfred Weber said in a letter the pipeline would undermine EU security goals by increasing dependence on Russian firm Gazprom.

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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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