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29th Mar 2024

Ticker

Iran keen to sell gas to EU

Iran has said it would be keen to sell gas to Europe if the US lifted sanctions under a nuclear non-proliferation deal. "Given Europe's energy supply problems triggered by the Ukraine crisis, Iran could provide Europe's energy needs if sanctions against it are lifted," Iranian foreign ministry spokesman Nasser Kanani said on Monday. EU foreign affairs chief Josep Borrell said Monday he was "less confident" of a quick nuclear deal.

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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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