Friday

29th Mar 2024

Ticker

German army revives idea of hiring other EU nationals

Eberhard Zorn, the chief of the German army, has said it might in future recruit doctors and IT specialists from other EU countries, especially eastern European ones, to fill personnel gaps. The idea was "one option", he told the Funke Mediengruppe, a German newspaper syndicate, on Wednesday. The proposal was first floated in 2016 and would need Germany to change a 1956 law on the nationality of service personnel.

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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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