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29th Mar 2024

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Report: Reynders could take over Hogan's trade portfolio

The name of Didier Reynders, the current European commissioner for justice, is circulating as a possible candidate to take over the portfolio of trade from Phil Hogan, De Standaard writes. Hogan resigned because of breaching Ireland's coronavirus measures. Ireland needs to find a replacement for Hogan, but chances are low it can hold the important trade post. The centre-right, however, would be against the portfolio going to a liberal.

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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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