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29th Mar 2024

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EU court rules Polish logging in ancient forest was illegal

The Court of Justice of the EU ruled on Tuesday that Poland should not have increased the cutting of ancient trees in the primeval forest of Bialowieza, confirming the earlier assessment of one of its top legal advisers. Polish authorities "did not carry out an appropriate assessment" of their decision. Poland has already scaled down the logging and has said it would adhere to the court's judgement.

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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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