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29th Mar 2024

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EU to offer 15,000 free rail tickets for 18-year-olds

EU youth commissioner, Tibor Navracsics, alongside German conservative MEP, Manfred Weber, revealed on Thursday details of plans to offer 15,000 18-year old Europeans free train tickets. The €12m DiscoverEU program, initiated by the European parliament, allows participants to travel up to 30 days to four destinations. Applications can be filed from mid-May at the European Youth Portal and the lucky ones will be selected by a jury.

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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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