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4th Mar 2024

Ticker

Germans face €480 gas bill spike

Households in Germany are set for an annual €480 increase for gas as part of levy to wean the country off Russian supplies. German gas market operator Trading Hub Europe said it had set the charge at €2.419 cents per kilowatt hour (kWh). The levy will be imposed from October 1 and until April 2024 in an effort to ease the costs for its Russian gas importers.

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EU docks €32m in funding to UN Gaza agency pending audit

The European Commission will release €50m out of €82m in funds for the UN aid agency (UNRWA) operating in Gaza. The remaining €32m will come pending an audit. The commission has received no evidence to support Israeli allegations against UNRWA.

'Outdated' rules bar MEP from entering plenary with child

During a plenary session in Strasbourg, an MEP was denied access to the chamber because he was carrying his young child, due to unforeseen circumstances. The episode shows parliament's rules need to be updated, several MEPs told EUobserver.

Commission plays down row over Rwanda minerals pact

The European Commission has played down a diplomatic row over its recent minerals agreement with Rwanda, after Congolese president Felix Tshishekedi, who accuses Rwanda of plundering his country's natural resources, described the deal as a "provocation in very bad taste".

Opinion

Why are the banking lobby afraid of a digital euro?

Europeans deserve a digital euro that transcends the narrow interests of the banking lobby and embodies the promise of a fairer and more competitive monetary and financial landscape.

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