Friday

29th Mar 2024

Ticker

Air passenger transport in EU reaches record high

New figures for air passenger transport from Eurostat show a record high 1.043 billion passengers were travelling by air in the European Union in 2017, up by seven percent compared to 2016. Intra-EU transport represented almost half (47 percent) of total air passenger transport in the EU. The figures came while EU scientists and diplomats gathered in Katowice, Poland to reduce climate emissions.

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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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