Friday

29th Mar 2024

Ticker

Greece to build new facilities for 15,000 migrants

The Greek government has decided to build 10 new facilities to house 15,000 migrants, as new irregular arrivals from neighbouring Turkey continue. Nine of the 10 centres will be built in western Macedonia and one on the island of Crete. The purpose is to relocate people from overpopulated migration camps on the Aegean island as soon as possible. The first 10,000 migrants should be relocated in February.

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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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