Thursday

28th Mar 2024

Ticker

Second Covid-19 wave: Spain orders partial lockdown

The Spanish government ordered on Thursday a partial lockdown in the capital Madrid and other affected areas by the coronavirus, the BBC reported. Restrictions apply to areas with more than 100,000 residents that meet the following criteria: 500 cases per 100,000 inhabitants, 35 percent patient occupancy in intensive care units, and a 10-percent positivity test rate. The order gives local authorities 48 hours to put restrictive measures in place.

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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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