Friday

29th Mar 2024

Ticker

Belgian CEOs raise alarm on political crisis

The chiefs of 33 leading Belgian firms, such as Eneco and Upsi, wrote a letter on Friday to Belgian dailies L'Echo et De Tijd calling for politicians to avoid new elections, 270 days after the last vote had still failed to produce a coalition government. "There is nothing worse than the appalling uncertainty" in which the firms have begun "stagnating", they said, adding that new elections would not help.

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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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