Friday

29th Mar 2024

Ticker

Italy to welcome back tourists from 3 June

Italy said Saturday it would open its borders to foreigners from 3 June and scrap a 14-day quarantine period for new arrivals in a bid to salvage tourist income. "We're facing a calculated risk in the knowledge that the contagion curve may rise again," prime minister Giuseppe Conte said on TV. Greece has also opened borders to tourists. Germany predicts normal cross-border travel in the EU from mid-June.

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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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