Friday

29th Mar 2024

Ticker

EU Commission delays US and Canada visa decision

The European Commission has declined to suspend visa-free travel for Canadian and US travellers, despite being told by the European Parliament and by member states that it has a legal obligation to do so. It had earlier set itself a deadline of 12 July to act, but it said on Wednesday it would file a report on the state of play "before the end of the year".

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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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