Thursday

28th Mar 2024

Ticker

UN's Cyprus envoy leaves his post

Espen Barth Eide, the UN special envoy to Cyprus, ended his mediation mission on Thursday, a month after peace talks between Greek and Turkish Cypriots failed in Switzerland. Eide, a former Norwegian defence and foreign minister, will run in his country's election in September. No successor has been chosen yet, but UN secretary general Antonio Guterres is expected to soon present a proposal to relaunch peace talks.

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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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