Friday

29th Mar 2024

Ticker

EESC tells top official to resign

Jacek Krawczyk, slated to become the next president of the European Economic and Social Committee in October, was told to resign as the head of the institution's employers group on Tuesday (9 June). Krawczyk was also asked to withdraw from the upcoming presidency post. The decision, made by the EESC hierarchy, follows psychological harassment allegations against him. Krawczyk maintains his innocence.

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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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