Friday

29th Mar 2024

Ticker

Ex-UK foreign office boss calls Brexit position 'disturbing'

The former head of the UK foreign office warned Tuesday of the British government's "disturbing" opening gambit in the new Brexit trade negotiations. Simon Fraser, formerly the most senior civil servant in the foreign office, said the UK government's statement was "antagonistic", "disturbing" and used "misleading language". "We should be concerned about where this is heading", he warned.

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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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