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29th Mar 2024

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Greek EU commissioner calls bribery allegations 'sick'

Greek EU commissioner Dimitris Avramopoulos has accused "sick minds" of inventing accusations he was part of a bribery ring as Greek health minister three years ago. Prosecutors are investigating if Swiss pharmaceutical firm Novartis paid Avramopoulos and nine others some €50 million in return for letting it fix prices in Greece. "It's an unprecedented plot … only sick minds could have invented and attempted it," Avramopoulos said.

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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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