Friday

29th Mar 2024

Ticker

Malta to sell EU citizenship for €650,000

Malta's parliament Tuesday approved a plan to sell citizenship to non-EU applicants for €650,000. Prime Minister Joseph Muscat said the programme is meant to bring revenue to the country, reports Reuters. The scheme will entitle the new citizens to work and residency rights in the rest of the EU.

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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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