Thursday

28th Mar 2024

Ticker

Hungary rolls out its toughest anti-virus measures yet

Hungary's prime minister Viktor Orban on Monday announced the country's strictest measures taken to date to slow the spread of the coronavirus amid surging number of hospitalisations and deaths. A general curfew will be imposed between 8PM and 5AM while secondary schools, universities and restaurants will be closed. Sport events will be held in empty stadiums, and family gatherings will be limited to 10 people.

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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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