Thursday

28th Mar 2024

Ticker

Scotland goes into full lockdown until February

Scotland's first minister Nicola Sturgeon announced on Monday that the country will be placed in lockdown until February. Scots will be required to stay home and telework where is possible, while schools will remain closed, the BBC reported. The move follows an increase in the number of cases, with 15 percent of tests returning a positive result - what "illustrates the severity and urgency of the situation," according to Sturgeon.

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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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