Friday

29th Mar 2024

Ticker

EU condemns Israel's latest land grab

The European Union on Tuesday condemned Israel's latest move to approve a new settlement, currently an outpost, in the Jordan Valley. The Israeli decision follows recent announcements about the possible annexation of the valley and the northern Dead Sea area. "The EU calls on Israel to end all settlement activity and to dismantle the outposts erected since March 2001, in line with prior obligations," said the EU, in a statement.

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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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