Friday

29th Mar 2024

Ticker

Timmermans wants to succeed Juncker

Dutch European Commission vice-president Frans Timmermans wants to become the Party of European Socialists' candidate to succeed Jean-Claude Juncker as president of the commission. His candidacy was reported by Dutch media on Tuesday, as well as by Politico, which published a letter from the German Social Democrats supporting Timmermans' candidacy. Timmermans is currently Juncker's right-hand man, and in charge of rule of law issues.

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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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