Friday

29th Mar 2024

Ticker

Macron defends arms sales to Egypt despite rights abuse

French president Emmanuel Macron said on Monday that concerns over human rights violations in Egypt would not affect the sale of French arms, as Cairo should retain its ability to fight terrorism in the region, Deutsche Welle reports. "It is more effective to have a policy of demanding dialogue than a boycott which would only reduce the effectiveness of one of our partners in the fight against terrorism," Macron said.

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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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