Friday

29th Mar 2024

Ticker

British PM under fire in Brexit debate

British prime minister Boris Johnson faced a stormy debate on Brexit as parliament met for the first time since summer recess Tuesday. He said plans to delay Brexit until January, mooted by some MPs, were a "surrender bill" to the EU. Opposition leader Jeremy Corbyn said Johnson's only idea was a "reckless" one to crash out of Europe. Tory rebels said Johnson's plan was to blame the EU for no-deal.

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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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