Friday

29th Mar 2024

Ticker

Cash-strapped Greece to buy Russian missiles

Greece is in talks with Russia to buy S-300 anti-missile systems, reports Kathimerini. “There are negotiations between Russia and Greece on the maintenance of the systems ... as well as for the purchase of new missiles for the S-300 systems,” Greek defence minister Panos Kammenos said on Wednesday.

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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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