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29th Mar 2024

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Ball in Swiss court on stock-exchange talks, EU says

"It is now up to Switzerland to take action and decide," a European Commission spokesman said on Thursday, a day after it was revealed that commission vice president Valdis Dombrovskis had said that talks between the EU and Switzerland had not made enough progress to extend recognition of Swiss stock-exchange regulations beyond this year. Talks on a framework agreement will be reviewed by the Swiss cabinet on Friday.

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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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