Friday

29th Mar 2024

Ticker

IMF weighs in on Brexit

Christine Lagarde, the head of the International Monetary Fund (IMF), urged authorities in the UK and the EU to work together "to ensure a smooth transition to a new economic relationship" between the pair. She said the IMF backs commitments by the Bank of England and the ECB to supply liquidity to the banking system in an effort to "curtail financial volatility."

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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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