Thursday

28th Mar 2024

Ticker

No more EU expulsions likely over Russia bomb attacks

EU countries are unlikely to expel any more Russian diplomats in solidarity over alleged Russian bomb attacks in the Czech Republic and Bulgaria in 2014, EU foreign affairs chief Josep Borrell said Monday after meeting foreign ministers. "Everybody agrees on the need of not continuing the escalation. That we need to look for strong support, but at the same time to try not to increase the tensions," Borrell told press.

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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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