Friday

29th Mar 2024

Ticker

EU countries send aircraft to Sweden to help with wildfires

France, Germany, Italy, and Lithuania are among EU countries that have sent help to Sweden, which is battling its worst wildfire season, triggered by the extreme heatwave across the Nordic region. Several countries have sent aircraft to help with putting out the around 40 fires. The EU Commission helped mobilise two firefighting planes from Italy, and the EU's Copernicus satellite mapping system has been activated to help Swedish authorities.

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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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