Thursday

28th Mar 2024

Ticker

Migrant rescue ship heading to French port

The charity rescue ship Aquarius is planning to disembark 58 migrants in Marseilles, France, despite not having French permission to do so. SOS Mediterranee said that was its "only option" after Italy again refused to let it go there. The ship will have to end rescues when Panama shortly revokes its flag under Italian pressure. Italy Monday also passed a new law to make it easier to deport migrants.

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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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