Friday

29th Mar 2024

Ticker

Turkish leader makes pro-EU overture

"We don't see ourselves elsewhere but in Europe. We envisage building our future together with Europe," Turkish president Recep Tayyip Erdoğan said Saturday. He also extended the mission of a Turkish ship to look for oil and gas in Greek-claimed waters the same day until 29 November, however. Cyprus and Greece are calling for extra EU sanctions on Turkey in a move to be decided by EU leaders in December.

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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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