Thursday

28th Mar 2024

Ticker

UK still leading on foreign investment, France catching up

Despite Brexit, the UK is still Europe's most favoured destination for foreign investment, attracting 18 percent of all foreign direct investment (FDI) last year, according to the EY Attractiveness Report. France enjoyed surging project numbers (up 31 percent) and has become a direct competitor to Germany and the UK. Europe's three largest economies, Germany, France and the UK together accounted for almost 50 percent of all FDI projects.

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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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