Thursday

28th Mar 2024

Ticker

Special EU summit postponed as Charles Michel quarantines

European Council president Charles Michel on Tuesday postponed this week's special EU summit focusing on foreign affairs for a week, after he learnt one of his security guards had tested positive for Covid-19. The personal meeting of EU leaders was planned for Thursday and Friday in Brussels. "The president is tested regularly and tested negative yesterday [Monday]," Michel's spokesperson tweeted. Michel, respecting Belgian coronavirus rules, went into quarantine on Tuesday.

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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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