Friday

29th Mar 2024

Ticker

DUP blow to Johnson plan for Brexit backstop

UK prime minister Boris Johnson' expected plan to offer a compromise Brexit deal to Brussels this week suffered a setback on Sunday, when Northern Ireland's Democratic Unionist Party (DUP) leader, Arlene Foster, told the Conservative Party conference in Manchester that she could not accept any kind of internal customs border within the UK. Foster said her party would however be open to discussing a time-limited backstop.

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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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