Friday

29th Mar 2024

Ticker

Council of Europe puts Turkey on watch list

The Parliamentary Assembly of the Council of Europe decided Tuesday to put Turkey on its watch list until “serious concerns” about respect for human rights, democracy and the rule of law “are addressed in a satisfactory manner”. The assembly’s decision was passed with 113 votes against 45 and marks the first time Turkey will be monitored since 2004. The Council has limited enforcement powers over its 47 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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