Friday

29th Mar 2024

Ticker

EU and Mexico 'very close' to trade deal

The EU and Mexico are "very close" to concluding a new free trade agreement, EU trade commissioner Cecilia Malmstroem said on Thursday after meeting with Mexican economy minister Ildefonso Guajardo. She said that negotiators needed "a little more time" to "solve everything that could be politically difficult." Issues like geographical indications for products such as cheese and tequila, as well investment protection mechanisms, remain problematic.

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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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