Thursday

28th Mar 2024

Ticker

EU seeks US help on Arab-Israeli peace

EU foreign ministers asked secretary of state Mike Pompeo in video-talks Monday for help to revive Arab-Israeli peace negotiations. "For us, there is no other way than to resume talks," EU foreign affairs chief Josep Borrell said. "A multilateral format could certainly be the right framework," the German minister said. Israel, backed by the US, aims to annex more land, instead. But Borrell said that threat had created new "momentum".

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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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