Friday

29th Mar 2024

Ticker

Trump letters warn Nato allies to spend more on defence

US president Donald Trump has sent letters to the leaders of Nato countries, including Germany, Belgium, Norway and Canada, demanding that they increase their defence spending. The letters were sent in June and revealed by the New York Times ahead of the upcoming Nato summit in Brussels on 11-12 July. Trump wrote the US may otherwise consider a response, including adjusting the United States' military presence around the world.

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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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