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29th Mar 2024

Ticker

MEPs back deal on corporate sustainability reporting

MEPs in the legal affairs committee backed a provisional deal on the Corporate Sustainability Reporting Directive (CSRD) on Thursday, endorsing the previous agreement between the EU Parliament and member states reached in June. MEPs will hold the final plenary vote in autumn. The CSRD will oblige businesses to report on environmental, social and working standards, as well as on human rights, anti-corruption and bribery matters.

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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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