Thursday

28th Mar 2024

Ticker

Blair almost quit job to aim for EU post

Former British prime minister Tony Blair (1997-2007) came close to deciding to leave Downing Street in 2004 to launch a bid to lead the European Commission instead, according to the diaries of his then spin doctor Alastair Campbell. "He wondered whether he shouldn't go for the European President's [sic] job, because he felt he could do it well," Campbell wrote. The diaries are published in newspaper The New European.

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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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