Friday

29th Mar 2024

Ticker

Substance over speed in euro reforms, Dutch minister says

Euro-area governments should focus on ensuring that the bloc can withstand a future crisis and not get hung up on a June deadline to reform the single currency, Dutch finance minister Wopke Hoekstrahas has told Bloomberg in an interview. European Council president Donald Tusk has set a June target to agree the first euro-zone reforms, using momentum from supportive governments in Paris and Berlin to make the politically difficult decisions.

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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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