Thursday

28th Mar 2024

Ticker

EU argues against US steel tariffs at WTO

The EU argued on Monday for the withdrawal of tariffs imposed on metal imports by US president Donald Trump in front of a three-person panel of adjudicators at the World Trade Organization (WTO). Trump set duties in 2018 of 25 percent on steel and 10 percent on aluminium, citing a national security threat. The WTO panel said it will not deliver rulings before the final quarter of 2020, Reuters reported.

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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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