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29th Mar 2024

Ticker

Juncker lives in 50 square metre hotel apartment

"The Commission president doesn't have a residence," Jean-Claude Juncker told Bild Zeitung, confirming that he lives in a hotel apartment measuring 50 square metres. Juncker also said he wanted to save money by having fewer commissioners. "There is simply not enough work to keep 28 commissioners busy all day," he said. "I become a eurosceptic at least once a day", he added.

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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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