Friday

29th Mar 2024

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Greek parliament adopts new bailout package

The Greek parliament adopted on Sunday a package including a fiscal brake mechanism, the creation of a privatisation fund and €1.8 billion in new tax increases. These measures were required by Greece's creditors to unblock a new tranche of aid. The decision will be taken in a Eurogroup meeting Tuesday.

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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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