Thursday

28th Mar 2024

Ticker

Markets snap up €20bn of new EU recovery bonds

The EU was set to raise €20bn from its first issue of 10-year bonds in its €800bn post-pandemic recovery fund, amid soaring demand for the triple-A rated financial product Tuesday, Reuters reports. Demand outstripped supply, with investors keen to buy up to €145bn on the day. The programme will make the EU the world's largest supranational debt issuer when completed. The fund is to help member states up till 2026.

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"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."

Podcast

Moscow's terror attack, security and Gaza

This week's Euroscopic explores the consequences of Moscow's terror attack, the convergence of public safety and border/migration policy in an EU election year, and the United Nations Security resolution demanding an immediate ceasefire in Gaza.

Opinion

Why UK-EU defence and security deal may be difficult

Rather than assuming a pro-European Labour government in London will automatically open doors in Brussels, the Labour party needs to consider what it may be able to offer to incentivise EU leaders to factor the UK into their defence thinking.

Investigation

How migrants risk becoming drug addicts along Balkan route

Psychotropic drug abuse is one of the many dangers migrants face along the Balkan route. In overcrowded camps, doctors prescribe tranquilisers to calm people down. And black market circuits and pharmacies selling drugs without prescription contribute to the issue.

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