Friday

29th Mar 2024

Ticker

Merkel: rule of law in Turkey going 'in wrong direction'

German chancellor Angela Merkel said on Thursday the developments in Turkey's rule of law were "moving in the wrong direction." Merkel said she had "great concerns" over Turkey, which is why she had requested the issue to be put on the agenda of this week's EU summit. Merkel added the EU should have a "united" position towards Turkey, with which it has a deal to stem migratory flows.

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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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