Friday

29th Mar 2024

Ticker

EU warns Musk on Twitter takeover

Thierry Breton, the EU's commissioner for the internal market, issued a warning to Elon Musk following his takeover of Twitter. "Be it cars or social media, any company operating in Europe needs to comply with our rules — regardless of their shareholding," said Breton, in a tweet. Musk purchased Twitter for $44bn [€41.2bn]. Breton said Musk will need to "quickly adapt to the Digital Services Act."

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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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