Thursday

28th Mar 2024

Ticker

Orban declares migrant-free zone in Eastern Europe

Hungarian prime minister Viktor Orban has declared Central Europe the continent's last "migrant-free zone". Speaking in Budapest on Monday on the 61st anniversary of Hungary's 1956 anti-Soviet uprising, Orban said that unity among countries such as Hungary, Poland and the Czech Republic could stop globalisation and mass migration. He also reiterated criticism of the European Union's leadership and said that Europe's external borders must be protected.

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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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