Thursday

28th Mar 2024

Ticker

France braces for strikes over Macron's pension reform

French president Emmanuel Macron will face one the biggest strikes of his mandate on Thursday as unions organised more than 240 demonstrations. French rail workers, air-traffic controllers, teachers and public sector staff are expected to march across France against the proposed changes to the pension system. About half of the Eurostar trains between Paris and London have been cancelled. Many schools and shops will also be closed.

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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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