Friday

29th Mar 2024

Ticker

Patchwork EU restrictions perplex construction industry

Construction firms continued to suffer from a near-standstill in Belgium, were working as normal in the Netherlands, and just returned to work in Luxembourg, Besix, a Belgian company, told Reuters Tuesday, highlighting disparities in EU anti-pandemic restrictions. "There [in the Netherlands] we never had to close or slow down ... which is partially strange because it's the same business and only a few kilometres away," a Besix 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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