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29th Mar 2024

Ticker

Corona making a come-back in Europe, WHO warns

Some "30 [European] countries have seen increases in new cumulative cases [of coronavirus] over the past two weeks", Hans Henri Kluge, a senior World Health Organisation official, said Thursday. "In 11 of these countries, accelerated transmission has led to very significant resurgence," he added, naming Armenia, Sweden, Moldova, and North Macedonia. The warning came as EU states eased national lockdowns and reopened borders, despite concerns over a second wave.

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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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