Friday

29th Mar 2024

Ticker

Provisional deal on national climate targets

Representatives of national governments and the European Parliament reached a provisional deal on Thursday on emission reduction targets for several sectors, including transport, buildings, and waste. The details will be revealed in January, when MEPs and ministers in the Council of the EU will have to approve the deal. EU climate commissioner Miguel Canete said the "ambitious" outcome put the EU "firmly on track to achieve our 2030 climate target".

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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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