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29th Mar 2024

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Nato jets intercepted Russian bombers off Spain

Two Russian nuclear-capable bombers flew as far south as northern Spain on 22 September, forcing four Nato states to scramble fighter jets, the French defence ministry said on Wednesday. Norway, the UK, France and Spain all sent aircraft to intercept the bombers, the French said. Since the Ukraine conflict, Russia has resumed Cold War-type aerial exercises. But the 22 September flights saw its bombers go further south than usual.

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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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