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28th Mar 2024

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UK former Brexit negotiator joins Goldman Sachs

Britain's former Brexit negotiator, Olly Robbins, is to join US bank Goldman Sachs for a six-figure salary. The move was cleared by a UK watchdog, the Advisory Committee on Business Appointments, which said it was "unrelated to Mr Robbins' time in office" and was not "a reward" for government work, British newspaper Daily Telegraph said. The former European Commission president, Jose-Manuel Barroso, previously stirred controversy by also joining the bank.

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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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