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29th Mar 2024

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UK parliament and EU will both reject May's Brexit plan: Rees-Mogg

Neither the British parliament nor the European Union will accept UK prime minister Theresa May's Brexit plan, 'hard-Brexit' supporting MP Jacob Rees-Mogg told supporters at the British Conservative party's annual conference in Birmingham on Sunday. A second referendum will also not happen, he predicted - adding that a 'people's vote' was a call by "the elite" to make the electorate "change our minds" after the 2016 Brexit result.

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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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