Friday

29th Mar 2024

Ticker

EU urges incoming Chilean government to accept trade deal

EU's trade commissioner Valdis Dombrovski's told the Financial Times he hoped Chile's incoming leftwing government and the EU will sign a trade deal that was originally negotiated by the country's rightwing predecessor. President-elect Gabriel Boric will take office in March and his government includes the Communist party. France has recently warned against the deal, fearing cheap chicken imports will hurt French farmers.

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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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