Friday

29th Mar 2024

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Opposition daily shuts down in Hungary

Hungary's 80-year old broadsheet daily, Magyar Nemzet will shut down operations from Wednesday, its publisher said. One of two opposition daily newspapers, Magyar Nemzet is owned by Lajos Simicska, former ally, now opponent of prime minister Viktor Orban, who won a third consecutive term on Sunday by a landslide. The publisher's Lanchid Radio will also shut down, and its tv station HirTV will undergo restructuring.

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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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