Friday

29th Mar 2024

Ticker

MEPs seek probe into Hungary's Serb-friendly EU commissioner

The EU Parliament has urged the EU Commission to carry out "an independent and impartial investigation" into whether Olivér Várhelyi, Hungary's EU commissioner in charge of enlargement policy, deliberately tried "to circumvent and undermine the centrality of democratic and rule of law reforms in EU accession countries". The move comes after Várhelyi faced criticism over allegedly watering down EU criticism of Serbia and for cozying up to Bosnian-Serb separatists.

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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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