Friday

29th Mar 2024

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EU and Cuba complain about US sanctions

The EU and Cuba have complained about US counter-terrorism sanctions on Havana imposed by former American president Donald Trump, whose "extra-territorial application ... are contrary to international law and commonly accepted rules of international trade," according to an EU statement Friday. The joint video-talks were led by two Spanish-origin EU officials - Javier Niño and María del Carmen Herrera Caseiro. The US sanctions have hit Spanish tourism operators in Cuba.

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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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