Friday

29th Mar 2024

Ticker

Huawei hits back at EU commissioner warning

Chinese telecommunications company Huawei said on Friday it was "surprised and disappointed" European Commission vice-president Andrus Ansip said Europe should be worried about Chinese intelligence services having access to information sent via Huawei products. "We categorically reject any allegation that we might pose a security threat," Huawei said in a statement. The company said no government ever asked it to install any backdoors into its devices.

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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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