Thursday

28th Mar 2024

Ticker

Venezuela's Maduro rejects EU call for elections

Venezuelan president Nicolas Maduro has rejected calls by Germany, France, Britain, Spain and other EU states to hold snap elections in view of mass protests against his rule. "They [EU countries] are trying to corner us with ultimatums to force us into an extreme situation of confrontation," he said. He added he was open to talks with EU powers at a meeting of EU and Latin American countries on Thursday.

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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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