Friday

29th Mar 2024

Ticker

Macron to seek clarity in Putin phone call

French president Emmanuel Macron planned to speak with Russian president Vladimir Putin by phone on Friday to "obtain clarifications" about his intentions on Ukraine, Macron said while meeting German chancellor Olaf Scholz onTuesday. "Ukraine knows it can rely on Germany," Scholz also said, while promising to put pressure on Russia to keep transiting Russian gas exports to Europe via Ukraine's pipeline network.

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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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