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29th Mar 2024

Ticker

UK legal advice on Brexit puts May under pressure

The UK could be stuck in the EU customs union "indefinitely", pending "protracted and repeated rounds of negotiations" on a "superseding agreement", the British attorney general said in legal advice to prime minister Theresa May published Wednesday. "The resolution of such a stalemate would have to be political,", his six-page text said, fuelling anger by Brexiteers in parliament the same day, who accused May of trying to "steal" Brexit.

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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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