Friday

29th Mar 2024

Ticker

Spain targets Gibraltar

Spain's acting foreign minister Jose Manuel Garcia-Margallo said the future of the British enclave Gibraltar is in doubt following the UK decision to withdraw from the EU. "The Spanish flag on the Rock is much closer than before," he said. He proposed setting up a joint-sovereignty system so that both nations can lay claim to the island.

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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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