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29th Mar 2024

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Corona death-toll in Europe up 40 percent

The death toll from Covid-19 in Europe rose 40 percent last week, in a sign hospitals are struggling to cope, the World Health Organisation said Tuesday. "We're seeing an intense and indeed alarming increase in cases and deaths," a WHO spokeswoman told the BBC, highlighting figures in France, Spain, The Netherlands, and Russia. "Intensive care units in hospitals are now beginning to fill with very ill people," she said.

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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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