Friday

29th Mar 2024

Ticker

Four more states join EU medical strategic stockpile

Denmark, Greece, Hungary and Sweden joined Germany and Romania as host states of the medical equipment strategic reserve, the EU Commission announced on Tuesday. The stockpile, that was set up in the wake of the pandemic and is financed by the commission, is building up common European stocks of lifesaving protective and other vital medical equipment that can be distributed across Europe at times of medical emergencies.

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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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