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29th Mar 2024

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Swiss would follow EU on potential China sanctions

Switzerland would match EU sanctions on China imposed in the wake of any potential attack on Taiwan, a senior Swiss official has said. "I strongly believe that we would adopt such sanctions," Marie-Gabrielle Ineichen-Fleisch, in charge of sanctions implementation, told Neue Zuercher Zeitung Saturday. Her office had "no indication that there are many assets of sanctioned persons that have not yet been found" in Switzerland, referring to Russia asset-freezes.

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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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