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29th Mar 2024

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Norway to resume political contacts with Russia

High-level political contacts between Norway and Russia will be resumed for the first time since Russia's annexation of the Crimean peninsula, when foreign minister Brende visits Arkhangelsk this month and environment and industry ministers travel to Moscow in April, reports Aftenposten. "Norway and Russia are neighbouring countries. We need political dialogue, also in difficult times," Anikken Huitfeldt, chairman of the foreign affairs committee in Norway's parliament, said.

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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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