Friday

29th Mar 2024

Ticker

EU to extend anti-monopoly laws to Russian gas pipeline

The European Commission is preparing to table a change to its gas market laws on Wednesday that could force Russian firm Gazprom to open up its future Nord Stream 2 gas pipeline to EU competitors. "The gas directive in its entirety … will become applicable to pipelines to and from third countries, including existing and future pipelines," the draft proposal, seen by the Reuters news agency, says.

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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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