Friday

29th Mar 2024

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Italy businesses hit by €1,000 fines for not enforcing masks

Several businesses around Naples have been hit with €1,000 fines as they were responsible "during a commercial transaction" for customers and clients who did not wear a mask in an enclosed space, France24 reported. Besides the fines, businesses could be forced to close for a period between five to 30 days. France will also introduce fines of €135 for people who do not wear a mask in public spaces indoors.

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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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