Friday

29th Mar 2024

Ticker

EU takes budget measures in case of no-deal Brexit

On Monday EU ministers of finance prepared measures to safeguard the budget of 2019 in case of a no-deal Brexit on 31 October. The aim is to keep the subsidies running for British farmers, researchers, etc, even if the UK leaves the EU without a deal. However, these measures will only be implemented if the UK respects its financial obligations to the EU.

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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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