Friday

29th Mar 2024

Ticker

US deploys biggest army to Europe in years for training

The US army is deploying its largest number of troops to Europe in 25 years as 20,000 troops are expected to take part in a massive force projection exercise, joining some 9,000 troops already there. The exercises will span across 10 European countries from May-June at a time of increased tensions with Russia. The aim is to show the US can deploy massive forces quickly to Europe, if needed.

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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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