Thursday

28th Mar 2024

Ticker

Iran defies EU and UN on ballistic missiles

Iran was "determined to resolutely continue its activities related to ballistic missiles and space launch vehicles" in violation of a UN resolution related to a 2015 nuclear non-proliferation deal, its UN envoy, Majid Takhte Ravanchi, has said in an open letter. Its foreign minister, Mohammad Javad Zarif, said the EU had shown "incompetence in fulfilling [the] bare minimum" of its side of the nuclear pact after the US abandoned it.

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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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