Friday

29th Mar 2024

Ticker

UN: 250 refugees feared dead in Mediterranean shipwrecks

Almost 250 refugees are missing after two separate boats sank in the Mediterranean Sea over the weekend, the UN has said. Survivors have been taken to Italy. The total number of people feared dead or missing - while trying to cross from North Africa to Italy since the beginning of 2017 - has reached more than 1,300, according to the UN's refugee agency.

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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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