Friday

29th Mar 2024

Ticker

France starts planning for no-deal Brexit

French prime minister Edouard Philippe instructed his ministers on Monday to prepare measures in case of a no-deal Brexit, including measures to facilitate the stay of British citizens in France and ensuring smooth border controls. The government will ask parliament in the coming weeks to allow it to adopt the contingency plans by decree, a statement said. The UK is due to leave the European Union in March 2019.

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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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