Friday

29th Mar 2024

Ticker

Putin and Trump set for nuclear arms race in Europe

"We'll do the same," if the US deploys new medium-range nuclear missiles in Europe, Russian leader Vladimir Putin said Wednesday, after America said it would walk away from a Cold War-era anti-missile pact, the so-called INF treaty, in 60 days. The US and Nato said Tuesday Russia was anyway violating the INF by building cruise missiles capable of hitting targets in Europe at short notice. Putin denies this.

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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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