Friday

29th Mar 2024

Ticker

EU rolls over Russia sanctions

The EU extended for six months on Monday sanctions against 150 Russian individuals and 38 Russian entities over the annexation of Crimea and Russian invasion of Ukraine in 2014. The measures, which include asset freezes and travel restrictions, will run until September. They come in addition to restrictions on economic relations with Crimea and Sevastopol, running until June; and economic sanctions on several Russia economic sectors, which run until July.

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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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