Friday

29th Mar 2024

Ticker

Tusk and other leaders voice dismay on Hungary

"Exploiting the pandemic to create a state ruled under a permanent exception is ... morally unacceptable," Donald Tusk, the head of the centre-right EPP party, said in a letter to members, referring to steps taken by Hungary's authoritarian prime minister Viktor Orban, also an EPP member. Some 13 EU states - including France, Germany, Spain, the Benelux, and the Nordic states - said the same in a joint statement Wednesday.

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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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