Thursday

28th Mar 2024

Ticker

Share trading ban looms as Swiss row with EU escalates

Switzerland's government said on Monday it would ban EU stock exchanges from trading Swiss shares in retaliation for Brussels freezing its bourses out from the EU market. "Activating the protective measure with regard to trading venues in the EU serves solely to protect the functioning of the Swiss stock exchange infrastructure", it said. The move relates to renewal disputes over the treaty governing Swiss-EU relations.

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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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