Friday

29th Mar 2024

Ticker

EU to sanction eight Iranians for rights abuses

The EU is set to sanction eight Iranian leaders of the Basij militia and the police and three entities for human rights abuses, the first such measures since 2013, Reuters writes. The EU will impose travel bans and asset freezes, diplomats said, and their names will be published next week, when the sanctions take effect. "Those responsible for serious rights violations must know there are consequences," an EU diplomat 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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