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28th Mar 2024

Ticker

Survey: Half of high polluting farms receive CAP subsidies

Journalists from eight EU countries, commissioned by Greenpeace, found that 51 percent of farms emitting high levels of ammonia received a total of €104m in payments under the Common Agriculture Policy (CAP), some of them environmental subsidies. "The EU's Common Agricultural Policy is funding some of the most polluting livestock farms," Greenpeace said on Tuesday. "Taxpayers' money should not be used to reward the heaviest agricultural polluters," it added.

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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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