Friday

29th Mar 2024

Ticker

UN: 75 migrants drown near Libya

Some 75 people died when their boat capsized in stormy weather near Libya en route to Europe in recent days, according to the UN's International Organization for Migration. "Delaying rescue operations by up to five minutes can make the difference between life and death," it said. More will also die on the Poland-Belarus border due to winter weather unless Poland lets aid agencies help, the International Rescue Committee NGO added.

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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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