Friday

29th Mar 2024

Ticker

Ireland alarmed by Russian naval drill

Irish foreign minister Simon Coveney has raised the alarm on Russian live-fire naval missile tests due to take place in Ireland's maritime economic zone. Russia had a right to the naval drills and had notified authorities of its plans, he said, "but In light of the current political and security environment in Europe ... [Ireland] had raised a number of concerns with the Russian authorities," he added 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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