Friday

29th Mar 2024

Ticker

French commissioner calls for EU military force

The messy US pull-out from Afghanistan has shown Europe must build up its own army, EU internal-market commissioner, Thierry Breton, a close ally of French president Emmanuel Macron, has said. Europe needed "a military projection force" capable of "intervening militarily outside our border", he wrote in a blog on Friday, adding: "Europe has always exercised its global influence through its soft power ... this is no longer sufficient".

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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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