Friday

29th Mar 2024

Ticker

US defence chief backs Nato amid 'EU army' calls

US defence chief James Mattis has defended Nato after France and Germany called for the creation of an EU army in response to president Donald Trump's isolationism. "We see Nato as the cornerstone for the protection of Europe in the security realm and we fully support nations doing more to carry the load," he said Tuesday. Trump also tweeted that France should beware of Germany due to WWII history.

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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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