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29th Mar 2024

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French-Algerian millionaire wants to pay Danish niqab fines

French-Algerian businessman and activist, Rachid Nekkaz, has pledged to pay fines issued in Denmark for breaches of a new law against face-masking garments, known as the 'burqa ban', after a 29-year-old woman became the first to be penalised under the law, which came into effect last week. Nekkaz told Berlingske he already paid hundreds of thousands of euros for women fined in Belgium, Switzerland, France, the Netherlands and Germany.

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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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