Friday

29th Mar 2024

Ticker

EU Commission launches start-ups fund

The European Commission and the European Investment Fund launched on Tuesday VentureEU, a pan-European venture capital programme to boost public and private investment for start-ups. With a participation of €410 million in six existing funds, the EU aims to help raising €2.1 billion, which would trigger an estimated €6.5 billion of new investment across Europe - doubling the amount invested in 2016, compared to €39.4 billion in the US.

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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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