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29th Mar 2024

Ticker

EU preparing airline eco-labels for 2022

The EU is preparing an eco-label system for air travel for 2022, according to German newspaper Welt am Sonntag, citing internal documents, which said the European Union Aviation Safety Agency (EASA) in Cologne had put out a tender for a classification system. The EASA system would be for "providing reliable, comparable, and verifiable information" for consumers on airlines and flight-routes' CO2-emissions footprints to enable customers to choose green options.

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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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