Friday

29th Mar 2024

Ticker

Commission contacting capitals over migrant ship

The EU commission has contacted member states in a bid to distribute over 130 migrants stranded on an Italian coastguard vessel docked in a Sicilian port. Italian authorities have refused to let migrants disembark until a deal is struck. A commission spokesman Monday said that the executive will "support and coordinate among those member states that are willing to participate in solidarity efforts", and "contacts are ongoing".

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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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