Thursday

28th Mar 2024

Ticker

Austria's vice-chancellor questions EU free movement

The right to freely choose where to live and work, considered a cornerstone of EU rights, is being questioned by Austria's vice chancellor Heinz-Christian Strache, calling for a reform of the European rule. "We must discuss openly, that it is not all good for European development, that all intellectual, well-educated east European potential is drawn to western Europe," the the far-right Freedom Party (FPO) leader said in Vienna.

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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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