Friday

29th Mar 2024

Ticker

Belgium announces Italy-type lockdown

Schools, cafes, bars, and restaurants in Belgium, the home of EU and Nato institutions, were to close due to coronavirus the Belgian prime minister, Sophie Wilmès, said Thursday. All cultural events were also cancelled until further notice. Most shops would remain open on weekdays only, but food shops and pharmacies would stay open all week. Public transport would continue to run, but people were advised to stay home where possible.

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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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