Friday

29th Mar 2024

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EU countries approve posted workers compromise

EU countries' ambassadors approved on Wednesday a compromise found with the European Parliament in March over the revision of the posted workers directive, to regulate how workers are temporarily employed in an other EU country. The text will now have to be definitevely adopted by the parliament. Posted workers will benefit from the same pay as local workers, but their posting will be limited to 12 months.

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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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