Friday

29th Mar 2024

Ticker

May hit by resignation ahead of Brexit votes

A minister in the British government of Theresa May quit Tuesday, in protest at the government's handling of Brexit, and ahead of 48 hours of key votes in the House of Commons on a future strategy. Phillip Lee, a former 'Remain' campaigner who was a minister within the justice department, said he "cannot, in all good conscience, support how our country's exit from the EU looks set to be delivered."

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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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