Friday

29th Mar 2024

Ticker

Report: Bolsonaro kills EU election-mission plan

The EU has cancelled plans to observer elections in Brazil in October after president Jair Bolsonaro's government objected to the mission, Brazilian sources told Reuters Tuesday. "Under these circumstances, we will not send an exploratory mission to Brazil to assess a possible EU observer mission," an EU spokesman said. An exploratory mission due to go earlier has also been cancelled, the EU confirmed.

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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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