Friday

29th Mar 2024

Ticker

UK parliament votes to take control of Brexit process

A majority of members of the UK parliament voted on Monday (329 votes to 302) to remove control of the Brexit process from prime minister Theresa May, and allow themselves indicative votes to find a majority for a Brexit option, which could be, for example, to revoke Article 50 and cancel Brexit, or hold another referendum. May responded she would not guarantee to abide by any outcome.

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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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