Friday

29th Mar 2024

Ticker

German industry presents wish list for Brexit

Germany's biggest industry lobby, Bundesverbands der Industrie (BDI), is set to table a position paper on Brexit on Tuesday, urging the European Union to agree a customs union with Britain after Brexit. A mere free trade agreement, as previously sought by Brussels and London, would not be enough for the companies, BDI chief executive Joachim Lang, told German daily FAZ. Britain is the second-biggest export market for German cars.

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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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