Friday

29th Mar 2024

Ticker

Orban banks on Trump for closer US relations

US president-elect Donald Trump has invited Hungary's prime minister Viktor Orban to Washington after a phone conversation, Hungarian business daily Vilaggazdasag reports. "I think America will now have a president who is not ideologically limited," Orban said, adding he had not been to Washington in a long time because he was considered a "black sheep." Orban says Trump shares the feeling, "he laughed and said that so was he."

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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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