Friday

29th Mar 2024

Ticker

Europeans want trains instead of short-haul flights

Some 87 percent of EU nationals said they were in favour of replacing short-haul flights with train services, according to a poll by the European Investment Bank, while 69 percent backed new taxes on high-polluting products. But at the same time, 58 percent said they did not believe the upcoming COP26 climate summit would see their national leaders agree to drastically cut CO2 emissions by 2050.

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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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