Friday

29th Mar 2024

Ticker

Facebook CEO tells US senate to look at EU-style rules

Facebook CEO Mark Zuckerberg told US senators on Tuesday that it was "worth discussing" whether to introduce rules in the US similar to those in the upcoming EU data protection regulation. When asked if there should be an obligation for companies to inform consumers of a data breach within 72 hours, Zuckerberg said: "That makes sense to me." Similar notification obligations will apply in the EU as of 25 May.

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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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