Friday

29th Mar 2024

Ticker

Luxembourg first to make all public transport free

Luxembourg is set to become the first country in the world to make all public transport free, in a move to prioritise the environment by the re-elected coalition government led by Xavier Bettel. Bettel was sworn in for a second term as prime minister on Wednesday. The new government is also considering legalising cannabis, and introducing two new public holidays.

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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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