Friday

29th Mar 2024

Ticker

EU to train Mozambique army against jihadists

The EU is to train Mozambique's armed forces and give humanitarian aid to help stop an Islamist insurgency there, the EU ambassador in Maputo, Antonio Sánchez-Benedito Gaspar, said Saturday, following Mozambique's request for help last week. Rebels linked to jihadist group Islamic State have been fighting in northern Mozambique since 2017, but the country's army has also been accused of human rights violations in the combat zone.

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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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