Thursday

28th Mar 2024

Ticker

Turkey blames EU for sexist protocol fiasco

Turkish foreign minister Mevlüt Çavuşoğlu has contradicted claims by EU Council president Charles Michel that Turkey was to blame for a recent fiasco, which saw the European Commission president, Ursula von der Leyen, given a second-class seat in a mini-summit in Ankara. "The protocol ... met the demands of the EU side. In other words, the seating arrangement was designed to meet their demands and suggestions," Çavuşoğlu said on Thursday.

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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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