Friday

29th Mar 2024

Ticker

Spanish rescue boat seeks help for minors

The captain of a Spanish rescue boat, the Proactiva Open Arms, has asked Spain to grant asylum to 31 minors trapped on board after Italy and Malta refused to let them disembark. The boat, which has 151 people on board, has been stuck off the Italian island of Lampedusa for nine days after rescuing people off the coast of Libya, as southern EU states crack down on migrants.

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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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