Friday

29th Mar 2024

Ticker

No renegotiation of Brexit deal, MEPs say

The European Parliament spelt out its position on Theresa May's Brexit and leadership problems on Wednesday afternoon, explicitly stating there could be no renegotiation of either the withdrawal agreement or the political declaration, and that without an Irish 'backstop', there would be no deal. However, "all efforts to make clear [the backstop was a last resort] were welcomed", the statement from Conference of Presidents added.

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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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