Thursday

28th Mar 2024

Ticker

Fewer than 1mn refugees in Germany last year

German interior minister Thomas de Maizere said on Friday that fewer refugees entered Germany in 2015 than previously reported. Instead of 1.1 million asylum seekers, there were 890,000, he said, according to Reuters. "But I want to leave no doubt: The number of 890,000 is still very high," said De Maiziere, adding that a repeat of "the refugee situation" from one year ago should be avoided.

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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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