Friday

29th Mar 2024

Ticker

Environmentalists slam CAP reform as 'greenwashing'

Green groups said the deal reached on Friday by representatives of EU governments and MEPs on the next Common Agricultural Policy (CAP) is "full of greenwashing". It was agreed that 20 percent of direct payments to farmers should flow into environmental-friendly projects in the first two years, raising to 25 percent in the final three years. The CAP does not include a binding alignment with the Green Deal.

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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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