Friday

29th Mar 2024

Ticker

Russian bomber-planes cause alarm in Baltic Sea

Denmark, Finland, Italy, and Sweden scrambled fighter jets to the Baltic Sea region Tuesday to escort two Russian Tu-160 strategic bomber-planes as they flew over neutral waters, according to Russia's Interfax news agency. The bombers were likewise escorted by Russian fighter-planes. Nato has also posted Russia-deterrent ground forces in the Baltic states and Poland in recent years, while complaining about Russia's lack of transparency on military manoeuvres.

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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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