Friday

29th Mar 2024

Ticker

Three new commissioner-designates pass legal scrutiny

The new commissioner-designates from France, Hungary and Romania have passed the conflict of interest scrutiny in the European Parliament's legal affairs committee. The biggest debate concerned France's Thierry Breton, who had shares in a French IT firm Atos, and whom Socialists, Greens and the far-left wanted to ask further questions. Breton passed the scrutiny by 12-11 votes, while Hungary's Oliver Varhelyi and Romania's Adina Valean sailed through unopposed.

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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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