Friday

29th Mar 2024

Ticker

Climate crisis may hit Europe's coffee and chocolate imports

Coffee and chocolate supplies in Europe soon could be disrupted by the climate crisis as droughts hit producer countries, according to a study, The Guardian reports. The research also found a high vulnerability for palm-oil imports, used in many foods and domestic products, and soybeans, which are the main feed for chickens and pigs in the European Union.

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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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