Thursday

28th Mar 2024

Ticker

Lead MEP backs Ireland, Luxembourg on tech-giant regulation

Irish and Luxembourgish regulators, where US tech giants Amazon, Apple, Facebook, and Google have their EU HQs, should retain exclusive powers to police their Europe-wide behaviour, Christel Schaldemose, the centre-left Danish MEP shepherding the Digital Services Act, a landmark EU law on tech rules, through the EU Parliament, has told Reuters. "It makes sense to keep the country of origin principle," she said. But "targeted advertisements ... shouldn't be allowed".

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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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