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29th Mar 2024

Ticker

All 4.8m Swedish homes get 'war preparation' leaflet

The Swedish government is preparing to distribute a 20-page pamphlet next week If Crisis or War Comes to all 4.8 million households, informing people on what to do in case of war. The Swedes are advised to stock non-perishable food, water bottles, warm clothing and sleeping bags. The initiative comes as Sweden debates Nato membership and ahead of general elections in September.

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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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