Friday

29th Mar 2024

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Spain has highest youth unemployment rate

Spain has the highest youth unemployment rate in the EU according to figures released Friday by Eurostat. 53.8 percent of Spain's 16-24 year olds are jobless, marginally higher than Greece's 53.1 percent rate. Germany and Austria had the lowest youth unemployment in the bloc, each posting a 4.9 percent rate.

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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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