Friday

29th Mar 2024

Ticker

EU signs off €400m for refugee education in Turkey

The European Commission on Wednesday approved an education programme for Syrian refugees in Turkey worth some €400m. The money is earmarked from the second €3bn tranche as part of an agreement between the EU and Turkey in 2015 to stem refugee flows towards the Greek islands. The Commission says the first €3bn tranche has been spent.

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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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