Friday

29th Mar 2024

Ticker

Swiss seek clarifications before signing EU treaty

The Swiss government has asked for clarification on three points before signing a draft treaty on future relations with the European Union. The points relate to wage and worker protection, state subsidies and citizens' rights. Berne needs to formally endorse the treaty by 17 June to maintain access to the EU market for Swiss stock exchanges. The European Commission said it would study and reply to the Swiss questions.

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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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