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29th Mar 2024

Ticker

Chernobyl fires still burning on anniversary of accident

In Ukraine's Chernobyl, fires are blazing close to where the world's worst nuclear disaster took place exactly 34 years ago, Deutsche Welle reports. Ukraine's president Volodymyr Zelensky visited firefighters still trying to extinguish the flames. Environmental experts feared the fires could stir up radioactive ash and potentially blow contaminated smoke to the capital, Kyiv - about 100km away from the power plant.

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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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