Thursday

28th Mar 2024

Ticker

EU seeks long-term Shia-Sunni deal

EU countries want to see rival Muslim powers, Iran and Saudi Arabia, reach a long-term deal on regional power-sharing, Belgian foreign minister Didier Reynders said at an EU meeting in Luxembourg on Tuesday. He spoke of the post-WWII Yalta deal in Europe and the post-Cold War Helsinki deal as models. EU ministers welcomed Kuwaiti mediation after Saudi Arabia led a blockade on Iran-friendly Qatar on grounds of terrorist financing.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

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."

Join EUobserver

EU news that matters

Join us