Friday

29th Mar 2024

Ticker

EU adopts visa-free brake mechanism

EU states adopted on Monday a regulation to facilitate the suspension of visa liberalisation agreements with other countries. The EU will now be able to suspend visa waivers when there is "a decrease in cooperation on readmission, a substantial increase in the refusal rate of readmission applications ... or a substantial increase in the risk to public policy or the internal security of the member states."

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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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