Thursday

28th Mar 2024

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Euro banknotes safe to touch, ECB says

There is no significant risk of catching the coronavirus from euro banknotes, the European Central Bank (ECB) said Tuesday, citing lab tests that showed the virus survived far longer on other surfaces, AFP reported. ECB executive board member Fabio Panetta said that "banknotes do not represent a particularly significant risk of infection compared with other kinds of surface that people come into contact with in daily life."

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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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