Friday

29th Mar 2024

Ticker

Greece opens EU-funded barbed-wire migrant camps

Greece has opened two new EU-funded "Closed Controlled Structures" for migrants, with barbed wire-fences and CCTV, on the islands of Kos and Leros. "We have finally put behind us a migration crisis that started in 2015," Greek migration minister Notis Mitarachi said Saturday. Meanwhile, Italy rescued 244 migrants, including 41 minors, of which one was a baby, from a boat drifting in bad weather near its southern coastline on Sunday.

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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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