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29th Mar 2024

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EU and Israel sign satellite agreement

The EU and the Israel Space Agency signed an Global Navigation Satellite System agreement on Monday, reports the Jerusalem Post. The agreement allows Israeli academics and industry to participate in satellite navigation projects with their EU peers. The EU hopes to have 27 Galileo class satellites in space before 2020.

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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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