Friday

29th Mar 2024

Ticker

Fears Trump decree may unravel EU-US data pact

A presidential decree signed by Donald Trump this week puts into question whether the EU-US data transfer deal Privacy Shield is still valid, according to MEP Jan Phillip Albrecht. The executive order says that foreigners will not be protected by US privacy law. The Privacy Shield has already been criticised by European privacy activists who say it wouldn't stand up to legal scrutiny by the EU's top court.

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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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