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29th Mar 2024

Ticker

EU Commission to buy 150m extra Moderna doses in 2022

The European Commission decided on Tuesday to amend its second contract with the pharmaceutical company Moderna to purchase, on behalf of all member states, 150 million additional doses in 2022. EU countries can resell or donate doses to other countries outside the EU or through the COVAX vaccine-sharing scheme led by the World Health Organization. The EU has secured a total of 460 million doses of Moderna.

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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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