Thursday

28th Mar 2024

Ticker

EU proposes Mediterranean-wide search and rescue operation

The European Commission has said EU border control agency Frontex should launch a search and rescue mission "across the Mediterranean from Cyprus to Spain" to spot and help boat migrants following the Lampedusa tragedy. EU home affairs ministers are meeting in Luxembourg Tuesday to discuss a reaction to the mass-drowning.

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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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