Thursday

28th Mar 2024

Ticker

EU takes six countries to court over air pollution

The European Commission on Thursday referred six member states to the European Court of Justice for repeated failures to tackle air pollution. The six are Germany, France, United Kingdom, Hungary, Italy and Romania. Environment commissioner Karmenu Vella said: "The member states referred to the court today have received sufficient 'last chances' over the last decade to improve the situation." The six are accused of failing to tackle nitrogen dioxide levels.

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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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