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29th Mar 2024

Ticker

France seeks EU backing in US tech tax fight

France will seek an EU-wide reaction if the US imposes tariffs on French exports in January, as planned, in repose to a new French tax targeting US tech firms. "If there are American sanctions against the French decision, which ... is the application of French law, we will immediately seek a riposte at the European level," French finance minister Bruno Le Maire told press in Paris on Tuesday, Reuters reports.

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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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