Friday

29th Mar 2024

Ticker

Barnier 'worried and disappointed' over UK positions

EU chief Brexit negotiator Michel Barnier said on Wednesday he is "worried and disappointed" by the UK's lack of engagement in negotiations over the future relationship. Barnier said London has not engaged on "credible guarantees for open and fair competition", a compromise on fisheries or a meaningful dispute-settlement mechanism. The two sides need to reach an agreement by October to have enough time for formal ratification.

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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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