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29th Mar 2024

Ticker

Merkel disagrees with Macron on Nato

German chancellor Angela Merkel has reacted to the statement of French president Emmanuel Macron that Nato is in "brain death", saying "this view does not correspond to mine", Deutsche Welle reports, adding these are "drastic words". In a press conference with Nato secretary-general Jens Stoltenberg, Merkel said that Nato is the "cornerstone of security" for Germany. Stoltenberg from his side welcomed the news that Germany will increase its military spending.

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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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