Friday

29th Mar 2024

Ticker

Report: EU and US to unveil aircraft subsidy truce

The EU and US are hoping to announce the end of a 17-year long dispute on subsidies for aircraft makers Boeing and Airbus at a summit in Brussels on Tuesday, according to officials and diplomats speaking to the Financial Times newspaper. The deal, which was still being consulted with Berlin, Madrid, and Paris on Monday, involved a multi-year limit on state aid and stripping away recent punitive tariffs.

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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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