Friday

29th Mar 2024

Ticker

Selmayr to leave EU commission post

The European Commission's top civil servant, German lawyer Martin Selmayr, will step down following German minister Ursula von der Leyen's advent as commission president. An EU spokeswoman confirmed the news to German website dw.com after Selmayr himself dropped hints to the politico.eu site. His departure is designed to alleviate the image of German EU domination. His prior appointment also broke the commission's own staff regulations.

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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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