Friday

29th Mar 2024

Ticker

Request immediate EU bailout - El Pais tells Rajoy

Spanish paper El Pais broke ranks on Tuesday, urging Prime Minister Mariano Rajoy formally request an immediate multi-billion euro bailout to avoid deeper recession. In an editorial, the paper said that “delaying the bailout request is equivalent to condemning the Spanish economy to a prolonged and painful recession.”

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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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