Thursday

28th Mar 2024

Ticker

EU-China summit postponed due to coronavirus

An EU-China summit has been postponed due to the coronavirus pandemic, the EU Commission said on Tuesday. It was originally planned for the end of March in Beijing. The two sides jointly decided to postpone the meeting to focus on combatting the outbreak. "The two sides will remain in contact to agree on a date once the situation begins to normalise," a spokeswoman said.

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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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