Friday

29th Mar 2024

Ticker

Juncker to visit Hungary in a few weeks, Orban says

Hungary's prime minister Viktor Orban said at a press conference he had invited European Commission president Jean-Claude Juncker to Hungary and that Juncker will travel to Budapest "within one or two weeks". Juncker called Orban on Tuesday to congratulate him on his win in Sunday's general election. The commission has launched several probes into Hungarian laws over concerns they breach EU rules and values.

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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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