Friday

29th Mar 2024

Ticker

Merkel and May world's most powerful women, says Forbes

German chancellor Angela Merkel and UK prime minister Theresa May are the two most powerful women in the world, according to the annual ranking of US magazine Forbes. The top ten includes two other Europeans, the International Monetary Fund's chief Christine Lagarde (France), at number 8, and Ana Patricia Botin, the chair of Spanish banking group Santander (number 9). The seven other top ten women are from the US.

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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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