Friday

29th Mar 2024

Ticker

Nato membership 'very unlikely' on her watch: Finland's PM

It is "very unlikely" that Finland would apply for Nato membership during her term of office, but her country was ready to stand with its European allies and United States by imposing tough sanctions on Russia if it attacked Ukraine, Finland's prime minister Sanna Marin said on Wednesday. "It would have a very substantial impact and the sanctions would be extremely tough," she told Reuters.

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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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