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29th Mar 2024

Ticker

WHO: Europe faces six more months of corona

"There is light at the end of the tunnel, but it will be a tough six months," Hans Kluge, the World Health Organisation's Europe director, told press in Copenhagen on Thursday. "Europe is once again the epicentre of the pandemic, together with the United States," he said, with "one person dying every 17 seconds". Europe accounted for 28 percent of global cases and 26 percent of deaths, he 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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