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29th Mar 2024

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France registers hottest year on record

State weather forecaster Météo-France said France had its hottest year in 2020 since recording keeping started in 1900. It added that the average temperature across the country in 2020 was 14 degrees Celsius, surpassing the 2018 record of 13.9 degrees Celsius. "The cooler weather we are seeing at the end of this year will not change anything. It is official... 2020 was the hottest year ever recorded", it 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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