Friday

29th Mar 2024

Ticker

Ambassador: EU and US should stand up to Chinese bullying

The EU and US should jointly stand up to Chinese diplomatic bullying, the EU ambassador to China, Nicolas Chapuis, told an energy congress in Beijing Thursday, Reuters reports. "We need to have a common understanding to say 'No' to bullying and intimidation, coercive diplomacy, 'wolf-warrior' diplomacy," Chapuis said. "Freedom of navigation is essential. The South China Sea is not only a China issue, it is an international issue," he added.

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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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