Friday

29th Mar 2024

Ticker

Number of jobless on the rise in Spain

The number of people registered jobless in Spain has risen for the first time in seven months as the tourist sector laid off workers after the summer season. Unemployment in September rose by 0.5% to 4.7 million, with the service sector shedding 52,000 jobs, according to Labour Ministry data.

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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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