Friday

29th Mar 2024

Ticker

Iran mocks EU foreign policy statements

Iranian president Hassan Rouhani has mocked EU foreign policy as being little more than verbal posturing. "If you want to express regret and issue a statement, you can do it now", he said Wednesday, after Iran announced it would violate an EU-backed nuclear arms control deal. Iran acted after the US first scrapped the accord and EU firms bowed to American pressure on reimposing Iran sanctions.

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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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