Thursday

28th Mar 2024

Ticker

VW tries to block German probe into Dieselgate

German carmaker Volkswagen confirmed it will petition Germany's constitutional court in an effort to overturn a decision by a lower court to appoint a special investigation auditor to look into the "Dieselgate" emissions scandal, Sueddeutsche Zeitung reported on Friday. The company would try to get the work of the auditor suspended before the constitutional court hearing begins in the case of manipulation of vehicle-emissions tests.

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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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