Friday

29th Mar 2024

Ticker

Tajani: Italy budget row 'wasted money'

European Parliament president Antonio Tajani said on Thursday that the budget row between the European Commission and Italy was a "needless power game" which "wasted an awful lot of money", with investors fleeing Italy and losses at the stock market. "I don't know whether to laugh or cry," said Tajani, a centre-right Italian politician. He said the Italian coalition of two eurosceptic parties "should have been a bit more serious".

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

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."

Join EUobserver

EU news that matters

Join us