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29th Mar 2024

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Merkel: Ukraine is like Belarus

German Chancellor Merkel compared the Ukraine to Belarus on Thursday, citing Kiev's treatment and persecution of former prime minister Yulia Tymoshenko. The chancellor said people in both countries are living under repression and a dictatorship, reported the Associated Press. A foreign ministry spokesperson would not comment on Merkel's comparison.

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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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