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29th Mar 2024

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EU takes final step to adopt Ukraine association agreement

EU countries Tuesday definitively adopted the Association Agreement with Ukraine, a day before a summit in Kiev. The agreement has been provisionally applied since 1 September 2014, but its final ratification was delayed after Dutch voters rejected it in a 2016 referendum. The Netherlands ratified in May 2017 after getting assurances that it wouldn't guarantee EU membership, or imply military assistance to Ukraine. It enters into force on 1 September.

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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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