Thursday

28th Mar 2024

Ticker

Cash-strapped countries skip Eurovision song contest

Greece, Cyprus, Portugal and Poland are likely to pull out of May's Eurovision song contest in Malmo, Sweden due to economic problems. Countries are worried they will win and have to host the 2014 event, while the Greeks said they could not even afford the fee to enter the competition.

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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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