Friday

29th Mar 2024

Ticker

Italy allows boat with migrants to dock

Italy will allow its coast guard ship carrying 177 migrants rescued five days ago to dock in Sicily, Italy's transport minister Danilo Toninelli said on Monday, ending a standoff with Malta over where the ship should go. The European Commission said it was in talks with member states to distribute the migrants after a request was made by Italy. "Now Europe must swiftly play its part," Toninelli tweeted.

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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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