China's Vice Premier He Lifeng and French Economy and Finance Minister Bruno Le Maire attend the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. REUTERS/Thomas PeterBEIJING, July 29 (Reuters) - China hopes France can "stabilise the tone" of EU-China relations, vice-premier He Lifeng told a senior French minister in Beijing on Saturday, as European leaders debate how to "de-risk" but also cooperate with the world's second-largest economy.He also told Economy Minister Bruno Le Maire that China is willing to deepen cooperation with...
BUCHAREST, June 22 (Reuters) - Renewable energy and transport infrastructure led a surge of projects vying for European Union recovery funds in Romania, where the government's capacity to tap funding has increased, a European Investment Bank (EIB) vice president said on Thursday.Romania stands to get up to 30 billion euros ($32.87 billion) worth of grants and loans until 2026 out of the EU's 724 billion euros Recovery and Resilience Facility (RRF), designed to help economies' post-pandemic rebound.Within central Europe, where Poland and Hungary are still struggling to unlock the funds,...
LONDON, June 15 (Reuters) - Sterling struggled to make headway against the dollar and eased against the euro on Thursday after the European Central Bank raised interest rates to their highest level in more than two decades.At 1300 GMT, sterling was stuck at $1.2661 , but had surrendered earlier gains against the euro, which was up 0.22% at 85.74 pence .The ECB said it expected inflation to hover above its 2% target rate through to 2025 and hinted at more interest rate hikes, even as the euro zone economy lags.The...