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29th Mar 2024

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Malta voices fears on new Libya exodus

Malta voiced concern that intensified fighting in Libya could push thousands more refugees to Europe at Wednesday's EU foreign affairs videoconference, EU foreign relations chief Josep Borrell said. It also proposed a special €100m fund to help Libya stop them coming, despite deplorable conditions there. Malta said its health system was "overstretched" by coronavirus and could not take migrant patients. Borrell called for a "humanitarian truce" between Libya's warring parties.

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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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