Friday

29th Mar 2024

Ticker

France urges UK to stick to Channel-migrant deal

France has said Britain would look bad if it placed new conditions on a previous deal to pay £54m (€63m) toward coast-guard patrols to stop migrants crossing the English Channel. "Conditions of the funding were negotiated in detail with the British and it was never a question of conditioning the money to specific targets [of interceptions]," the French interior ministry noted, saying the UK risked "a serious loss of trust".

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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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