Thursday

28th Mar 2024

Ticker

1,200 asylum seekers land in Sicily

Around 1,200 asylum seekers on Friday landed in Sicily, reports Italian news agency Ansa. The migrants were rescued by the Italian navy off Lampedusa and disembarked in Sicily. Most are said to be from North African countries. The Italian authorities expect many more to arrive over the coming summer months.

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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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