Friday

29th Mar 2024

Ticker

Thousands march in Budapest in support of EU

Hungarians marched across central Budapest on Monday in support of the EU and against prime minister Viktor Orban. The protest added to a string of major demonstrations in Hungary in recent weeks against a new law that would close down a top university founded by US billionaire George Soros. During Monday's march, grassroots movement Momentum announced it would run in a parliamentary election next April.

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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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