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29th Mar 2024

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Ombudsman registers fresh complaint on Barroso bank job

The EU ombudsman has registered a complaint of maladministration over the European Commission's failure to respond to a petition that asked the EU executive to sanction its former president Jose Manuel Barroso for having accepted a job with US investment bank Goldman Sachs. A group of employees of the EU institution initiated the petition, which was signed by 153,000, and lodged the complaint, which was registered on 7 February.

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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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