Friday

29th Mar 2024

Ticker

Report: Juncker to propose EU military HQ

Jean-Claude Juncker will call for the creation of an EU military command HQ in a speech next Wednesday in Strasbourg, the Financial Times newspaper reports. He will suggest greater use of EU "battlegroups", joint investment projects in military-industrial facilities and binding targets for military coordination by select groups of member states. The paper said France and Germany backed the plan, but others including Austria and Ireland did not.

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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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