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29th Mar 2024

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France pushes for top posts in eurozone reshuffle

France's president, Emmanuel Macron, is seeking to increase French influence in the eurozone, and aims to appoint his finance minister, Bruno Le Maire, to replace Dutch minister Jeroen Dijsselbloem as Eurogroup head, the Financial Times reported. France has also made clear its desire to head another body, known as the eurogroup working group, which prepares the ministers’ meetings. The two new eurozone appointments will have to be made by January.

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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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