Friday

29th Mar 2024

Ticker

King formally appointed as new EU commissioner

EU member states on Monday formally appointed Julian King as the new British EU commissioner. King will serve as security union commissioner until 31 October 2019, replacing Jonathan Hill, who resigned after the Brexit vote. King had been endorsed by the EU parliament on 15 September.

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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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