Friday

29th Mar 2024

Ticker

EU commission: no 'indefinite' emergency measures

European Commission president Ursula von der Leyen on Tuesday issued a statement warning emergency measures imposed by member states to combat Covid-19 must be limited to what is necessary and strictly proportionate. "They must not last indefinitely," she said, in a comment aimed at Monday's move by the Hungarian state giving prime minister Viktor Orban sweeping new powers to rule by decree.

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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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