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29th Mar 2024

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Selmayr's move was 'coup-like action', says MEPs draft

The double appointment of Martin Selmayr as European Commission's deputy secretary general and secretary general was "a coup-like action which stretched and possibly overstretched the limits of the law," the European Parliament says in a draft resolution leaked on Wednesday. The resolution, which will be put to a vote at the plenary session on 19 April, comes after commissioner Guenther Oettinger was questioned by the budgetary control committee on Tuesday.

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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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