Friday

29th Mar 2024

Ticker

Hungary orders new raids on NGOs

Hungarian police Monday raided the offices of two NGOs, Demnet and Okotars, seizing computers and accusing them of financial wrongdoing. The raid comes after similar sweeps in May. US-based NGO Human Rights Watch said it is "evidence of Hungary’s authoritarian slide", adding that "Europe remains complacent" about the trend.

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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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