Thursday

28th Mar 2024

Ticker

Trump recommits to Nato allies but they must pay ‘fair share’

US president Donald Trump on Tuesday reaffirmed support for "partners, whether in Nato, in the Middle East, or the Pacific" but insisted they “pay their fair share of the cost.” "We strongly support Nato, an alliance forged through the bonds of two World Wars that dethroned fascism, and a Cold War that defeated communism. But our partners must meet their financial obligations," he said in his first speech to Congress.

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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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