Friday

29th Mar 2024

Ticker

France calls on Barroso to quit Goldman Sachs job

French minister for European Affairs, Harlem Desir, "solemnly" called on former European Commission president Jose Manuel Barroso to renounce his new position as advisor and non-executive chairman of US investment bank, Goldman Sachs. In a letter to a French MP, he said Barroso's decision to join the bank that contributed to falsifying Greece's public accounts was "morally, politically and ethically a mistake."

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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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