Friday

29th Mar 2024

Ticker

Juncker to ask Oettinger for 'explanation' on 'slant-eyed' Chinese

European Commission president Jean-Claude Juncker has asked German commissioner Gunther Oettinger to give "explanations on what he actually said" at a recent dinner in Hamburg. Oettinger said Chinese people were "slant-eyed". He also reportedly said the Belgian region of Wallonia was ruled by "communists" and denigrated gay marriage. A commission spokesman said he had been misquoted on Wallonia and that he had already voiced "regret" on upsetting gay people.

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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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