Thursday

28th Mar 2024

Ticker

UK foreign minister has no plan for Brexit 'no deal' scenario

UK foreign minister Boris Johnson said on Tuesday that "there is no plan for no [Brexit] deal". Without a divorce settlement by March 2019, the UK would fall out of the EU from one day to the next. "I think the chances of such an outcome are vanishingly unlikely," said Johnson, noting that a "great free trade deal" is in the interest of both sides.

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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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