Friday

29th Mar 2024

Ticker

Macron to address French nation in bid to calm tension

French president Emmanuel Macron is set to address the country on Monday evening in a bid to calm tensions after protests against fuel tax hikes developed into a general anti-government revolt. "We must expect a new slowdown of economic growth at year-end due to the 'yellow vest' protests," warned finance minister Bruno Le Maire. Belgian police detained more than 400 people in yellow vest-inspired riots in Brussels on Saturday.

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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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