Friday

29th Mar 2024

Ticker

Putin, Macron, and Scholz discuss EU sanctions relief

Russian leader Vladimir Putin, French president Emmanuel Macron, and German chancellor Olaf Scholz held phone talks Saturday, in which Putin discussed releasing Ukrainian grain shipments to ease world food prices, and also spoke of boosting Russian fertiliser exports in return for Western sanctions relief. "Russia is ready to help find options for the unhindered export of grain, including the export of Ukrainian grain from Black Sea ports," the Kremlin said.

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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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