Friday

29th Mar 2024

Ticker

Frontex: Spain now main destination for migrants

Illegal border crossings into the EU have dropped to a five-year low, with Spain now the main destination, accounting for 60 percent of new arrivals, the EU's border agency Frontex said on Wednesday. Frontex reported 118,900 illegal border crossings in the first 10 months of the year, which is more than 30 percent lower than in the same period in 2017.

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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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