Thursday

28th Mar 2024

Ticker

No consensus on Commission plan to end tax veto

EU finance ministers expressed "clearly diverging" views on the European Commission's plan to decide certain tax issues by a qualified majority of member states, rather than unanimity. Euro commissioner Valdis Dombrovskis said Tuesday that the executive wants to move "step-by-step" and combatting tax fraud should be the first issue decided by majority only. Despite several ministers opposing the idea, the Romanian presidency plans to hold further discussions on the topic.

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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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