Friday

29th Mar 2024

Ticker

'Disparity' at Russia-US talks on European security

Russia and the US made little progress at talks in Geneva on Russia's threat to escalate war in Ukraine. "We have a great disparity in our principled approaches," Russian deputy foreign minister Sergei Ryabkov said, Reuters reports. Many Russian proposals were "simply non-starters," US senior diplomat Wendy Sherman said. Germany's ruling SPD party, the same day, urged the country to let Russia start using its Nord Stream 2 gas pipeline.

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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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