Thursday

28th Mar 2024

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Poland: Virus could hurt green investments

Poland has raised doubt on its ability to pay for EU zero carbon-linked investment due to virus crisis costs, its climate ministry told the Reuters news agency. "As a consequence of this crisis our economies will be weaker .... completion of some important energy projects may be delayed or even suspended," the ministry said. "Achievement of our climate goals will be even more difficult because of them," it added.

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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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