Thursday

28th Mar 2024

Ticker

Turkey extends state of emergency

The Turkish parliament approved on Tuesday a three-month extension of the state of emergency that was first declared in the wake of the failed coup last July. The vote took place two days after a constitutional change, giving more powers to president Erdogan, was adopted in a referendum in which an international mission said there were suspicions of fraud. Tens of thousands of people have been arrested since July.

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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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