Thursday

28th Mar 2024

Ticker

EU leaders to mull date for 'climate neutrality'

Leaders of the 28 EU national governments will discuss on Thursday afternoon by when Europe should be 'climate-neutral'. A draft text of the conclusions said the transition to an economy which has net zero greenhouse gas emissions should be done by 2050. Austria has suggested the more vague 'by mid-century', according to a text seen by EUobserver. Some of the poorer eastern EU countries are worried for their economies.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

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."

Join EUobserver

EU news that matters

Join us