Friday

29th Mar 2024

Ticker

Europeans nabbed in cybercrime bust

A computer virus created by a Russian, a Latvian and a Romanian, generated some $50 million in illegal profits, reports the BBC. US authorities charged the suspects for infecting almost 1 million computers worldwide. "Cybercrime remains one of the greatest threats we face," said the US prosecutor on the case.

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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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