Friday

29th Mar 2024

Ticker

Turkey welcomes 'step back' by Western embassies

Turkish president Recep Tayyip Erdoğan has "welcomed" comments by eight out of the 10 embassies whose envoys he threatened to expel they would abide by the Vienna Convention on non-interference in internal affairs. The statements by Canada, Denmark, Finland, the Netherlands, New Zealand, Norway, and Sweden were a "step back", pro-Erdoğan media added. France and Germany said nothing. The 10 ambassadors earlier called for justice for a jailed Turkish philanthropist.

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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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