Friday

29th Mar 2024

Ticker

EU to remove half of tax havens from blacklist

The EU is set to remove eight of the 17 jurisdictions listed in December as tax havens. Panama, South Korea, United Arab Emirates, Barbados, Grenada, Macao, Mongolia and Tunisia would be taken off the list at an EU finance ministers next week in Brussels, while American Samoa, Bahrain, Guam, the Marshall Islands, Namibia, Palau, Saint Lucia, Samoa, and Trinidad-Tobago would remain. German MEP Markus Feber called the new list "laughable".

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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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