Thursday

28th Mar 2024

Ticker

Turkey: first delivery of Russian S400 missiles arrived

On Friday, the first parts of Russian S400 missiles arrived in Turkey, the Turkish minister of defence announced. Turkey says it needs the missile system as defence to protect the country against possible attacks from Syria or Iran. It has soured relations between Turkey and the US. The US already announced it would cancel the delivery of 100 F-35 fighter jets to Turkey.

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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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