Friday

29th Mar 2024

Ticker

EU lawmakers want 'financial police force'

EU lawmakers on Wednesday in a committee working on tax fraud demanded the European Commission come up with a proposal for a European financial police force with investigative powers. The committee proposed the idea as part of a report that summarised its year-long probe into financial crimes and tax havens following scandals like Luxleaks and Panama Papers.

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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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