Thursday

28th Mar 2024

Ticker

Trade commissioner Hogan will not seek WTO top job

EU trade commissioner Phil Hogan on Monday said in a statement he would not seek position of the World Trade Organization (WTO) director general. He had previously said he was looking into the possibility of running for the post, that will become vacant in September. Running would have meant Hogan would had to suspend his activities during the process as a trade commissioner in a crucial time for global trade.

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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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