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29th Mar 2024

Ticker

House prices up by 15 percent in EU since 2010

House prices grew overall by 15 percent in the EU between 2010 and 2018 on average - but with big differences from country to country, according new figures from Eurostat. The highest increases were observed in Estonia (+83%), Latvia (+61%), Austria (+56%), Sweden (+55%) and Luxembourg (+50%), while the largest decreases were recorded in Italy (-17%), Spain (-12%) and Cyprus (-8%).

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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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