Friday

29th Mar 2024

Ticker

UK lobbies Germany on Saudi arms ban

Germany should resume arms sales to Saudi Arabia despite its slaying of journalist Jamal Khashoggi because German aircraft parts were needed to fulfil British contracts to sell fighter jets there, British foreign secretary Jeremy Hunt said in a letter to his German counterpart before visiting Berlin Wednesday. "I'm very concerned about the impact of the German government's decision on the British ... defence industry," Hunt said, Germany's Der Spiegel reports.

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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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