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29th Mar 2024

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EU: Over 5 million people risk 'starvation' in Ethiopia

The humanitarian situation in Ethiopia's Tigray region is worse than ever since the conflict began last November, with 5.2 million people needing "emergency food assistance" to "avoid starvation", the EU foreign service has said. Blocking "humanitarian aid as a weapon of war is a grave violation of international humanitarian law", it added, amid previous EU threats to hold Ethiopian officials accountable by putting them under EU visa-bans and asset-freezes.

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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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