Wednesday

21st Feb 2024

Ticker

ECB man says Cyprus is model for future bailouts

ECB board member Klaas Knot told Dutch newspaper Het Financieele Dagblad the Cypriot bailout, which involves seizing savers' money, is a model for future rescues. He said the "approach ... has been on the table for a [long] time in Europe. This approach will be part of European liquidation policy."

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Opinion

EU-Israel trade agreement must be on table to stop Rafah attack

The EU-Israel association trade agreement enabled €46.8bn of trade last year. Exports rose for both parties by around 20 percent in 2022. As the bloc's foreign affairs chief Josep Borrell said: "Yes, we have the capacity to influence [Israel]."

'Nightmare' 2024 sees Orbán struggle ahead of EU elections

Viktor Orbán admits that 2024 "could not have started any worse" for his government. The sex-abuse scandal that led to the resignation of the president provides an opportunity for Hungary's opposition — but their fragmentation could be a major obstacle.

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