Thursday

28th Mar 2024

Ticker

EU sends letter to help Brexit deal approval

EU commission president Jean-Claude Juncker and council president Donald Tusk on Monday sent an open letter to UK premier Theresa May to have the negotiated Brexit deal approved on Tuesday in the UK parliament. The letter says that if the Irish backstop were triggered, it "would only apply temporarily, unless and until it is superseded by a subsequent agreement that ensures that a hard border is avoided".

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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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