Friday

29th Mar 2024

Ticker

Report: UK and Danes might share Africa migrant-centre

The UK is preparing to pass a Danish-type law to enable processing of people's asylum claims while holding them in a foreign detention centre, possibly in Africa, The Times reports. Britain's 'Nationality and Borders Bill', due out next week, comes after talks with Denmark on sharing an offshore facility, with Copenhagen looking to Rwanda as a potential host state. The EU Commission has said Denmark's plan was a "wrong signal".

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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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