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29th Mar 2024

Ticker

EU share of world population to sink below 4% by 2070

The European Commission unveiled on Wednesday its first-ever report on the impact of demographic change, revealing that Europe's share of the global population keeps declining. While the population of EU-27 in 1960 made up about 12 percent of the world's population, it is predicted to account for less than four percent by 2070. The report concludes that there is a need to embed demographic considerations across all EU policy.

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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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