Friday

29th Mar 2024

Ticker

EU budget talks for 2019 collapse

The negotiations between the Council of the EU - representing national governments - and the European Parliament for the 2019 budget ended Monday without agreement. They failed to reach a compromise by the legal deadline. The European Commission will now have to present a new draft budget. MEP Daniele Viotti called it "just a technical pause". Council negotiator Hartwig Loger said he was "confident" of a deal before year's end.

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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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