Friday

29th Mar 2024

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Michel gets senior seat in Turkey diplomacy symbolism

European Council president Charles Michel got top diplomatic seating alongside Turkey's president, leaving European Commission president Ursula von der Leyen sitting on the couch during a meeting in Ankara on Tuesday. Seating arrangements in diplomatic arenas are generally symbolic, suggesting possible power plays.

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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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