Friday

29th Mar 2024

Ticker

Unclear if Macron is an ally, says UK PM hopeful Truss

The frontrunner to become the next UK prime minister, Liz Truss, said that the "jury is out" on whether French president Emmanuel Macron is "a foe or an ally". Truss added that she would hold Macron "to deeds not words", if she were elected prime minister. The comments were made Thursday evening at a campaign event. A new UK prime minister is due to be announced on 5 September.

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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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