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29th Mar 2024

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Poland halts logging after EU court order

Polish environment minister Jan Szyszko has said authorities have stopped logging in Bialowierza, a primeval forest, after a European Court of Justice order. "We will fulfil the suggestions in the EU's temporary injunction 100 percent … we do not risk any fines," he said on Tuesday. He said Warsaw has 15 days to reply to the court's arguments and that the logging project was "fully compatible with the law".

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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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