Friday

29th Mar 2024

Ticker

Ireland opts in to second EU asylum relocation scheme

Ireland has agreed to join an EU mechanism that will try to relocate 140,000 asylum seekers by 2017, the EU Commission announced on Tuesday. Unlike most EU states, Ireland is not bound to participate, but chose to opt in. Dublin is already participating in another relocation scheme launched last year.

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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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