Friday

29th Mar 2024

Ticker

May loses vote on no-deal Brexit powers

A majority of 303-296 in the UK parliament approved on Tuesday a bill forcing Theresa May's government to ask explicit parliamentary approval to leave the EU without a deal before it can use certain powers relating to taxation law. Some 20 members of May's Conservative Party are understood to have voted against the government.

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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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