Friday

29th Mar 2024

Ticker

Bulgaria risks full lockdown as Covid infections surge

Bulgaria's Covid-infection tally jumped by some 6,800 from Tuesday to Wednesday, a record increase, Reuters reports, while 124 people died from the virus in the same 24 hours. Some 7,300 infected people were currently in hospital, with 608 out of the country's 700 intensive-care beds occupied. "The only option left will [soon] be a full lockdown and a halt of economic life," interim health minister Stoicho Katsarov said.

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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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