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28th Mar 2024

Ticker

Hungary critisises Germany on migration quotas

Hungary's PM Viktor Orban criticised Germany's chancellor Angela Merkel for wanting to distribute migrants to other EU countries. "Germans wants to distribute the migrants shipped, allowed, taken in to Europe, whose majority are clearly economic migrants, we are not talking about refugees," he said arriving at the EU summit in Brussels on Thursday, adding that Hungarians voted to refuse EU migration quotas in a referendum in October.

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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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