Friday

29th Mar 2024

Ticker

MEPs adopt call for action on Hungary and Poland

In a resolution adopted by 446 votes to 178, with 41 abstentions, MEPs called for EU states to act on Poland and Hungary for breaking EU rules and values under the Article 7 procedure. MEPs said the situation in both countries has deteriorated since triggering the sanctions procedure. A large majority of centre-right EPP lawmakers supported the resolutions, despite Hungary's ruling Fidesz party being a suspended member of EPP.

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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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